9 December 2015 Insurance

Hiscox develops insurance coverage with new hire

Insurer Hiscox has appointed Adam Holberry as head of alternative distribution.

The appointment comes as Hiscox looks to work with brokers and underwriting partners to develop new and additional areas of insurance coverage, according to the firm.

Holberry will report to David Slevin, head of aerospace and specialty. He joined Hiscox in 2012 as a property and energy underwriter with a brief to grow its international property book. Prior this, Holberry worked at Axis Capital and Allied World Assurance Company/AWH syndicate 2232, with a focus on international property and managing general agent (MGA) business.

Supporting Holberry in the team will be Mark Wallace as head of aerospace and specialty pricing, and Madison Robinson as senior underwriting assistant.

Slevin said: “Our alternative distribution division has already made significant inroads across a wide range of portfolio insurance opportunities; our relationship with White Oak Underwriting being a perfect example of where we’ve been able to add additional auto insurance products to our existing product lines.”

“Adam’s proven underwriting experience and entrepreneurial flair will help us aggressively pursue more, particularly by developing underwriting partnerships in classes of business where we do not currently specialise.”

Holberry added: “Alternative distribution allows us to use our capacity as well as wording and pricing knowledge in new areas of insurance coverage where there is an availability of third party underwriting expertise.

Whether it’s a binding authority, lineslip, master policy, MGA or Lloyd’s consortium, we are open to a wide range of opportunities where we can bring additional value for the customer.”

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk