Hiscox CEO wins City of London alderman election

Five other candidates bested by industry veteran

Hiscox CEO wins City of London alderman election

Insurance News

By Terry Gangcuangco

Hiscox chief executive and Placing Platform Limited board chair Bronek Masojada has another role to play.

The industry veteran, who is also currently a board member at the Association of British Insurers and a Pool Re director, has been elected as alderman for the Billingsgate Ward of the City of London. Masojada bested five other candidates.

Held at St Mary-at-Hill Church on Lovat Lane in Eastcheap, the election posted a 46% voter turnout and saw 52 votes in favour of the insurance boss. Fellow independent candidates Andrew John Heath-Richardson and Rachel Jane Kent garnered 25 and 15 votes, respectively.

“I hereby declare that Bronek Masojada has been duly elected as alderman for the Ward,” stated Electoral Service’s John Barradell in the “Notice of Person Elected” seen by Insurance Business.    

Masojada’s experience includes time spent at McKinsey & Company, as well as serving as Lloyd’s of London deputy chairman. He came onboard Hiscox as group managing director in 1993 before taking on the role of CEO in 2000.

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