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11 July 2013
London
Reporter Jenna Jones

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Hiscox Re adds four to underwriting team

Hiscox Re has appointed four new members to its underwriting team who will join CEO, Jeremy Pinchin on the management team.

Hiscox Re is the firms newly combined reinsurance business that operates from London, Paris and Bermuda.

Damien Smith has been appointed director of non marine underwriting for Bermuda. He will also retain his role as director of underwriting for Hiscox Bermuda.

Mike Krefta has been named director of non marine underwriting for London. He will also be head of North American underwriting and will chair client strategy for the firm’s larger North American partner clients.

Ben Love will become head of client and broker strategy, managing broker and client strategies and operating models. He will also chair client strategy for global clients and continue to manage quota share relationships.

Finally Michael Jedraszak has been appointed director of insurance linked securities (ILS), overseeing Hiscox’s strategy and planning around ILS.

Bronek Masojada said: “These appointments are an important step on our journey to consolidate and then grow our reinsurance operations, which have been a mainstay of the group for many years.”

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