Bermuda-based Hiscox Ltd has announced a number of senior appointments; Bob Thaker as Head of UK Claims, Joanne Musselle as Chief Underwriting Officer for Hiscox UK and Ireland, and Penny Shaw as Chief Risk Officer.
Bob Thaker will become Head of UK Claims at the end of July and succeeds Joanne Musselle following her promotion to Chief Underwriting Officer for Hiscox UK. Mr Thaker joined Hiscox two years ago as Head of Central Analysis, a team integral to the development of all the Hiscox business divisions through insight and analysis. In 2010, he took on the mantle of Chief Risk Officer and steered the business through a period of change brought about by the implementation of Solvency II.
Joanne Musselle joined Hiscox in April 2002 as a Technical Underwriting Manager, she moved into claims in 2006 and was tasked with developing and implementing the new Group claims strategy. Since then she has led the award winning claims division at a time of rapid growth and operational change.
Penny Shaw will join the Company from ACE to succeed Bob as Chief Risk Officer in early August. Ms Shaw joins from ACE where she was the European Group Head of Risk Management & Capital and Solvency II. She has successfully established and led ACE’s European Solvency II programme, delivering on strategic objectives to embed risk assessment and enhanced risk based decision making.
Commenting on the new appointments, Bronek Masojada, CEO, said: “Bob’s dedication to the development of our risk framework has been indispensable over recent years. I am delighted that Bob will be adding his analytical and strategic capabilities to the UK business.
“The Hiscox brand is underpinned by an award winning claims service – at its essence is our expertise and customer care, and Joanne has been critical to its continuing success. This experience coupled with her technical underwriting skills, will be invaluable in her new role as Chief Underwriting Officer for Hiscox UK and Ireland.
“Penny has a wealth of experience in driving improvements in risk management, we are very excited to have her on board.”
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