9 March 2017Insurance

Hiscox hires RMS exec as new group head of catastrophe research

Bermuda-based specialist insurer Hiscox has appointed Shree Khare as group head of catastrophe research. Khare will be based in London, and report to head of underwriting risk and reinsurance Rob Caton.

Khare joins Hiscox after more than ten years at catastrophe risk modelling firm RMS where he most recently served as senior director and led the development and completion of the new RMS high definition Japan typhoon model, as well as the Taiwan and South Korea models.

In his new role, Khare will lead the research that directly informs Hiscox’s own view of risk and its underwriting strategies for catastrophe perils. He will work closely with Hiscox London Market and Hiscox Re.

Khare will also be responsible for managing catastrophe analyst research carried out around the group; developing the insights that support value added partnerships with brokers, clients and modelling firms.

Caton said: "Developing our own view of risk is an essential component of our underwriting strategy across the Group particularly in well-established catastrophe lines where tough market conditions continue to pose a challenge.

"Shree Khare’s expertise is a welcome addition to our catastrophe risk capabilities and I look forward to introducing him to clients, brokers, and the Hiscox team."

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