Industry heavyweight and Hiscox veteran of 37+ years to retire in 2023

Specialist global insurer  Hiscox’s chairman has decided to step down from the board during 2023 after over 37 years with the company.

Announcing his intention to retire from Hiscox board, industry heavyweight Robert Childs (pictured) said he “will leave knowing that Hiscox is in great shape with huge opportunities ahead of it.”

The nominations committee of Hiscox has initiated a process, led by the senior independent director Colin Keogh to identify and appoint Childs’ successor as chairman.

Childs joined Hiscox in 1986, served as the active underwriter of the Hiscox Lloyd’s Syndicate 33 between 1993 and 2005, and was the group’s chief underwriting officer until February 2013. He was chairman of the Lloyd’s Market Association from January 2003 to May 2005.

Keogh thanked Childs for his “invaluable contribution to the success of the Group” and for his “wise counsel and leadership”.

Aki Hussain, CEO said: “Rob has been instrumental in building Hiscox into a respected global brand and has navigated the business expertly through many insurance cycles. His extensive knowledge of both Hiscox and the industry has benefited the company immeasurably.”

Childs said: “It has been a privilege to lead the Board and be part of Hiscox's journey over the past 37 years. Hiscox has a strong management team, and is well-positioned to grow and deliver for customers around the world. When the time comes, I will leave knowing that Hiscox is in great shape with huge opportunities ahead of it.”

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