Nielsen becomes CFO of Hiscox London Market & Hiscox Syndicates

Specialist global insurer Hiscox has appointed Christian Nielsen as chief financial officer (CFO) for Hiscox London Market and Hiscox Syndicates (HSL).

Nielsen is currently the CFO of Hiscox UK and a director of Hiscox Insurance Company (HIC), the group’s UK insurance carrier. He joined Hiscox in 2015 from Barclays, where he held a number of senior finance roles, including head of Barclays Finance, cost & analytics and finance director for Barclaycard UK.

Since joining Hiscox, Nielsen is said to have played a key role in delivering a number of regulatory and operational initiatives for the business, including HIC’s Solvency II implementation in 2016 and its preparations for Brexit in 2018, which included sponsoring the Part VII transfer of the European insurance portfolios from HIC to the Group’s newly-established European insurance carrier, Hiscox Société Anonyme (HSA).

Additionally, Nielsen is a Hiscox Partner, a member of the group’s finance leadership team and an active member of the Steering Committee for the group-wide Finance Transformation Programme.

He will join the Hiscox London Market team in September, reporting to Kate Markham, chief executive officer of Hiscox London Market. In his capacity as CFO for HSL, he will report to Hiscox Group CFO Aki Hussain.

Hussain commented: “Christian will be an excellent addition to our London Market business, which is poised for growth in the face of the most improved market conditions we have seen for some time. He brings strong commercial and financial leadership and a track record of delivery which will benefit both the London Market and HSL management teams.”