Hiscox announces Liz Breeze as interim Group CFO

Hiscox announces Liz Breeze as interim Group Chief Financial Officer

Hamilton, Bermuda (18 November, 2021) - Hiscox Ltd (LSE:HSX), the specialist global insurer today announces that Liz Breeze will be appointed interim Group Chief Financial Officer, subject to regulatory approval, while the search for a permanent Group Chief Financial Officer is conducted.

Liz joined Hiscox in 2012 and has held a number of senior finance roles across the Group, including Group Technical Accountant, Head of Finance for Hiscox UK, and most recently Chief Financial Officer for Hiscox Re & ILS. As part of the Hiscox Re & ILS leadership team, Liz has driven significant improvements in both financial systems and capital efficiency. Liz is a chartered accountant, having trained with KPMG, and previously worked as part of their insurance practice in London and Bermuda.

In her new role, Liz will work closely with Aki Hussain, Group Chief Financial Officer and CEO designate, and take on the Group Chief Financial Officer duties from 1 January 2022. She will be based in London and join the Group Executive Committee.

Aki said: "Liz has a deep understanding of our business, having spent time in both our big-ticket and retail operations. She has also been an important participant in our work to embed structural finance change as part of our multi-year finance transformation programme. Liz will be an excellent addition to our Executive team and I look forward to continuing to work closely with her."

Liz added: "I am delighted to take on this new challenge and look forward to bringing my financial expertise and knowledge of the business to this role as we look to realise the abundance of opportunities ahead of us."

Ends

For further information please contact:

Investors and analysts

Yana O'Sullivan, Group Head of Investor Relations, London +44 (0)20 3321 5598

Marc Wetherhill, Group Company Secretary, Bermuda +1 441 278 8300

Media

Carmel McCarthy, Senior Media Relations Manager, London +44 (0)7769 280903Notes to editors

About the Hiscox Group

Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). Our ambition is to be a respected specialist insurer with a diverse portfolio by product and geography. We believe that building balance between catastrophe-exposed business and less volatile local specialty business gives us opportunities for profitable growth throughout the insurance cycle. 

The Hiscox Group employs over 3,000 people in 14 countries, and has customers worldwide. Through the retail businesses in the UK, Europe, Asia and the USA, we offer a range of specialist insurance for professionals and business customers as well as homeowners. Internationally traded, bigger ticket business and reinsurance is underwritten through Hiscox London Market and Hiscox Re & ILS.

Our values define our business, with a focus on people, courage, ownership and integrity. We pride ourselves on being true to our word and our award-winning claims service is testament to that. 

For more information, visit www.hiscoxgroup.com.