Hiscox names new CEO for London Market business

Specialist insurer Hiscox has appointed Kate Markham as CEO for its London Market business.

In the newly-created position, Markham will work closely with chief underwriting officer Paul Lawrence. Markham and Lawrence will be on the Hiscox executive committee.

Markham has been at Hiscox for five years and most recently was managing director of its direct to consumer operations in the UK. In this role, Markham led over 200 people across underwriting, sales, marketing, operations, and has driven growth of 30 percent over 5 years, according to the statement.

Prior to Hiscox, Markham was head of international enterprise at Vodafone. She started her career at Anderson Consulting (now Accenture).

Hiscox CEO Bronek Masojada, said: "At Hiscox and Vodafone Kate has proven her ability to build profitable businesses in highly competitive markets. She will be a modernising force for our operations and culture, and relentless in making the most of the changing market and the opportunity it presents. The London Market will benefit from these skills now more than ever."

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