Hiscox appoints 17-year veteran to chief underwriting role

5th Sep 2019 09:16

(Sharecast News) - Hiscox appointed Joanne Musselle as its new group chief underwriting officer on Thursday, with the 17-year veteran also set to join the board as executive director in February 2020
Musselle, who will replace Richard Watson following his retirement at the end of the year, currently serves as chief underwriting officer for Hiscox Retail, the FTSE 100 insurer's largest division. She joined the business in 2002 as technical underwriting manager.

Having been responsible for all retail underwriting across the Hiscox Group, Musselle has overseen profitable growth of gross written premiums of almost 25% across the retail portfolio in the last two years.

Chief executive Bronek Masojada said: "Joanne's deep understanding of our business and experience of managing underwriting portfolios in our key markets will be critical for our next stage of growth. She has overseen strong, profitable growth in our retail casualty and property portfolios and has confidently led the business through a number of changes in course when market conditions have been tough."

Hiscox shares were up 0.51% at 1,562.00p at 0917 BST.