Specialist global insurer Hiscox has named Colin Buchanan as the company’s new divisional director of casualty for its London Market business.
As part of Hiscox’s London Market leadership team, Buchanan will manage a team of 14 experienced underwriters writing cyber, D&O and general liability. He will be based in London and will report to Hiscox London Market chief underwriting officer Paul Lawrence.
With more than 35 years of industry experience, Buchanan joins Hiscox from Starr, where he was most recently served as director and head of international casualty. Before that, he held several senior casualty positions in companies such as American International Group and AHAC Australasia.
“Colin has a wealth of global casualty experience and a fresh perspective for our brokers and clients which will help us achieve our growth ambitions,” commented Paul Lawrence. “This is an exciting time to be joining Hiscox as we accelerate investment in our data and analytical capabilities, enabling us to capture new opportunities in the market.”
“I’m looking forward to being part of a team that is well placed to make the most of this buoyant market and deliver for our brokers and clients,” said Buchanan.
The appointment comes after Hiscox named Liz Breeze as its interim group financial officer. Breeze most recently served as chief financial officer of Hiscox Re & ILS, and first joined the organisation in 2012.