Jonathan Powell has been promoted to Line Underwriter of Flood Programmes as Hiscox London Market looks to grow its share of the deregulating US flood market. He will also continue as Line Underwriter for the Household account.
In addition, Mike Williams will take up the role of Line Underwriter for Major US Property, assuming the role from Philip Perry who has decided to reduce his working hours ahead of his retirement in September, 2017.
Commenting on the appointments, Simon Morgan, Head of Property said: “Jonathan has immense experience and skill at managing large, delegated authority portfolios and is the perfect candidate for this role, as we look to grow London’s influence in US flood business. He will be supported by me and the rest of the binding authority underwriting and catastrophe modelling teams.
“Mike rejoined Hiscox in 2013 and has supported Philip Perry in delivering good underwriting results in an ever more difficult underwriting climate. This promotion is recognition of the contribution he has made over the last two years.”
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