London, UK (19 November, 2021) – Hiscox, the specialist global insurer, has appointed Colin Buchanan as the new Divisional Director of Casualty for its London Market business. He will join the company on 22 November.
Reporting to Paul Lawrence, Chief Underwriting Officer at Hiscox London Market, Buchanan joins from Starr where he was Director and Head of International Casualty. Prior to this, he worked in a number of senior casualty positions across the globe, including roles at American International Group and AHAC Australasia. With over 35 years’ experience, Buchanan has an outstanding track record of leading underwriting teams, delivering strong results and maximising opportunities within casualty lines.
As part of the broader Hiscox London Market leadership team, Buchanan will be based in London, managing a team of 14 experienced underwriters writing cyber, D&O and general liability to deliver the company’s strategy of growth in these key lines.
Commenting on the appointment, Paul Lawrence said: “Colin has a wealth of global casualty experience and a fresh perspective for our brokers and clients which will help us achieve our growth ambitions.
“This is an exciting time to be joining Hiscox as we accelerate investment in our data and analytical capabilities, enabling us to capture new opportunities in the market.”
Colin Buchanan added: “I’m looking forward to being part of a team that is well placed to make the most of this buoyant market and deliver for our brokers and clients.”
For further information please contact:
Carmel McCarthy 07769 280903
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, 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.
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