Hiscox Re & ILS CEO Krefta to leave after 17 years

Specialist global insurer Hiscox has confirmed that Mike Krefta, chief executive officer (CEO) of Hiscox Re & ILS, is leaving the company in early 2021 to return to the UK.

Krefta has been with Hiscox for almost 17 years including four years in Bermuda. He became the CEO of Hiscox Re and ILS, and CEO of Hiscox Bermuda in August 2017. Prior to that, he was chief underwriting officer of Hiscox Re. He has also held a variety of analyst and underwriting roles across the group.

Hiscox said Krefta has grown the business to nearly $900 million of premium, established Hiscox in the ILS market, and led our ESG initiative.

"I would like to thank him for his energy and commitment to the Group and wish him well for the future," said Bronek Masojada, chief executive officer of Hiscox.