Hiscox Bermuda has expanded its US property catastrophe team with the appointment of Bill Lazzaro as vice president of underwriting.
Reporting to Bevis Tetlow, senior vice president at Hiscox Bermuda, Bill Lazzaro joins from Aon Benfield where he held a variety of roles over the last nine years, most recently leading reinsurance placement teams with a focus on property treaty reinsurance for US clients.
Lazzaro said of his appointment: "Coming from a broking background I am well aware of what sets the high quality reinsurers apart from the competition in this changing marketplace. To stay relevant, reinsurers must adapt and offer not only competitive risk transfer products but real innovation in terms of risk analysis and the ability to offer alternative products in partnership with the capital markets for example.
"Hiscox Bermuda has built on its London heritage to quickly become a major player in the US property catastrophe market and I am looking forward to contributing to its current and future success."
