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Hiscox names Europe chief

Hiscox names Europe chief | Insurance Business

Hiscox names Europe chief

Robert Dietrich is now the chief executive of Hiscox Europe.

With immediate effect, Dietrich has assumed the post vacated by Stephane Flaquet who was previously appointed as Hiscox’s first-ever chief transformation officer. The new Europe boss has been with Hiscox for nearly two and a half decades.

“I’ve seen the evolution of the Hiscox Europe business first hand as it has evolved to become a significant part of the Hiscox Group over the last 20 years,” said Dietrich, the Allianz alumnus whose credentials include time spent as managing director of Hiscox Germany.

According to the Bermuda-headquartered specialist global insurer, its German unit more than quadrupled under Dietrich’s leadership and has become Hiscox Europe’s flagship.

Meanwhile, the CEO added: “Despite the challenges of the pandemic, the [European] business delivered a strong performance in 2020 and we are well set to continue that trend.

“I am excited to have the opportunity to work with the talent we have across our European offices as we drive the transformative possibilities that technology will deliver for our brokers and clients.”

Manned by 600 employees in 14 offices, Hiscox Europe insures high-value households, fine art, and classic cars. It also provides commercial insurance for small- and medium-sized businesses.

“Robert is a versatile, highly experienced business leader and a valued colleague,” commented global retail chief executive Ben Walter.

“His extensive knowledge of the business will be crucial in helping us to deliver the next phase of growth for our European business as we innovate to capture the growth opportunities we see in both the traditional broker and digital channels.”