Robert Childs will succeed Robert Hiscox as the chair of Hiscox.
Richard Gillingwater, senior independent director, said that after considering several candidates the board concluded that Childs was an outstanding candidate to succeed Hiscox.
“Taking and managing risk is the core business of an insurer, and we believe that Robert's expertise in risk management and the continuity he will provide as chairman of the board will be of great benefit to our shareholders and policyholders alike,” he said.