Hiscox appoints Peter Clarke as Chair designate
Hiscox appoints Peter Clarke as Chair designate
Hamilton, Bermuda (29 May 2025): Hiscox Ltd (LSE:HSX), the international specialist insurer, today announces the appointment of Peter Clarke as Chair designate, subject to regulatory approval. Peter will join the Board as Chair designate on 1 June 2025 and will succeed Colin Keogh as Chair with effect from 1 July 2025.
Peter has a wealth of Executive and Non-Executive experience within FTSE-listed financial services organisations. A qualified solicitor, having worked at Slaughter and May, he spent much of his Executive career in banking and investment management. This includes 20 years in a range of senior roles at Man Group, including both as Group Chief Financial Officer and Chief Executive Officer. As a seasoned board director, Peter has also served as a Non-Executive Director on the boards of Axa Investment Managers SA, Sainsbury's Bank Plc, and most recently served as Chair of Lancashire Insurance Holdings Ltd for seven years. He is currently serving as Chair of Redwheel and as a Non-Executive Director of Lombard Odier Asset Management on their US, European and Swiss Boards.
Interim Chair Colin Keogh will step down from the Board with effect from 1 July 2025.
Colin Keogh, Hiscox Interim Chair and Interim Chair of the Nominations and Governance Committee, said: "After an extensive search I am pleased to have led the process that resulted in the Nominations and Governance Committee selecting Peter as the Board's next Chair. Peter will be a great addition to the Board, and the business will benefit immensely from his vast experience, particularly as it relates to Bermuda-domiciled insurance carriers."
Aki Hussain, Hiscox Group CEO, said: "Peter's significant expertise in financial services, his experience of growing businesses in the US, as well as his deep understanding of the big-ticket insurance market make him a great addition to the Board. Peter joins us at an exciting moment in the development of Hiscox, as we pursue ambitious expansion plans, and I very much look forward to working with him.
"I would also like to take this opportunity to thank Colin for his extended tenure with Hiscox. We have immensely valued his considered counsel over the years, and most recently his leadership of the Board, and we wish him all the best for the future."
Peter Clarke, Hiscox Chair designate, said: "I have admired Hiscox for some time, particularly the diversity of its offering and the quality of the team, factors which provide a strong platform for further growth. I look forward to joining the business and contributing to the team's exciting plans."
There are no other details that are required to be disclosed in respect of the appointment of Peter Clarke under UK Listing Rule 6.4.8.
ENDS
For further information:
Hiscox Ltd Investors and analysts
Yana O'Sullivan, Director of Investor Relations, London +44 (0)20 3321 5598
Marc Wetherhill, Group Company Secretary, Bermuda +1 441 278 8300
Media
Lucy Hensher, Head of External Communications, London +44 (0)7824 996370
Notes 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 and the USA, we offer a range of specialist insurance products in commercial and personal lines. 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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 18 hours ago Savannah Energy
- 19 hours ago Buccaneer Energy PLC
- 19 hours ago Savannah Energy
- 19 hours ago Carclo
- 20 hours ago Schroder Japan Growth Fund