Hiscox Re has appointed Mike Krefta as chief underwriting officer, leading its underwriting teams in London, Bermuda and Paris.
In his new role, Krefta will be responsible for the formation of the Hiscox Re underwriting strategy. Based in Hiscox’s London office, Krefta will report to Jeremy Pinchin, CEO of Hiscox Re.
Pinchin commented: “[Krefta] is the last key appointment in the formation of our Hiscox Re Executive team. As chief underwriting officer he will play an important part as we navigate the changes brought about by an influx of new capital and the creation of new capital market structures.”
Krefta has been with Hiscox since June 2003 and has worked within both the retail and syndicate parts of the business. He started work at Hiscox as a management information analyst in the retail team before moving into the catastrophe modelling team in the London market as a senior analyst.
In 2005, he joined the reinsurance team writing on its global reinsurance account before moving on to run Syndicate 33’s North America and Caribbean account in 2012.
In 2013, he was appointed Director of non-marine underwriting in London for Hiscox Re.