17 May 2018Insurance

Hyperion bolsters board with former PwC partner

Intermediary Hyperion Insurance Group has appointed Mark Stephen as a non-executive director and chair of its audit committee.

Stephen has over 30 years' experience of advising and working with insurance boards, including how they adapt to the changing regulatory and business landscape. He was previously a partner at PricewaterhouseCoopers (PwC), where he was the UK insurance industry leader. He is a chartered accountant, director of TransRe London and non-executive director of the Pension Insurance Corporation.

David Howden, CEO of Hyperion, said: “I am extremely proud that Mark has decided to join us. This is an important time in Hyperion’s growth story and Mark’s depth and breadth of experience make him well positioned to help us achieve our strategic goals. Hyperion’s international retail brokerage, underwriting agency footprint and world-class specialty expertise combine to give us a strong competitive advantage that enables us to attract the best talent while delivering exceptional service to our clients.”

Stephen added: “The current market environment is changing rapidly and Hyperion is well placed to tackle these changing dynamics. It’s a very exciting time to be joining Hyperion’s board and I look forward to helping the Group deliver its ambitious and exciting plans.”

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More on this story

6 April 2018   Howden, part of Hyperion Insurance Group, has entered into a definitive agreement to acquire a majority stake in Istanbul-based insurance broker ACP.
11 January 2018   Hyperion Insurance Group enjoyed solid growth an increased profits in its annual results for the 12-month period ending September 2017, which it said was due to investment in people, operations and technology, and despite challenging market conditions.
7 June 2018   Hyperion Insurance Group has purchased a controlling interest in the Asia and EMEA arms of International Planning Group (IPG), an Asian life insurance broker serving high-net-worth individuals and businesses.