The usage-based challenger broker hubb has bolstered its senior leadership team with the appointment of industry veteran Stuart Middleton (pictured) as its new chief insurance officer.
Middleton comes abroad after his stint as European underwriting director at Great American Insurance Group. He brings extensive experience in international underwriting, product leadership, and distribution strategy.
Middleton originally joined hubb as non-executive director in December 2020. During that time, he was able to work closely with co-founders Mark Costello, John Costello, and Ed Halsey, and see the firm’s potential to transform the industry through its customer-centric approach and advanced technological capability.
He will now work within the business full-time, playing a key role in driving strategic growth at the company.
“Stuart is an experienced and impressive individual who is united in our vision to disrupt and transform the broker industry with a transparent, usage-based model,” said Mark Costello, who is also the company’s chief executive officer. “[We] believe he will play a key role in driving strategic and accelerated growth in the months and years to come.”
Middleton, meanwhile, expressed delight for the “opportunity to join hubb at this exciting time in its development.”
“Having worked for a number of prestigious insurers across Europe over the last 30 years, I know exactly what hubb’s insurer partners’ expectations are and I am convinced that we will exceed these expectations in the years to come,” he said. “The quality, dynamism, and range of expertise of the hubb team are exceptional and were crucial factors in my decision to come on board.”