Specialist global insurer Hiscox
has recruited seasoned IT professional Ian Penny, the current chief technology officer of British banking giant Barclays.
Penny has been appointed as chief information officer for the Hiscox Group. Reporting to CEO Bronek Masojada, he will be responsible for the company’s IT, leading a team of 300.
Penny remarked that he joins Hiscox at a time when there is “significant investment to support the business evolution.”
Penny has led cloud computing initiatives at Barclays for three years. Previously, he was global head of distributed engineering and architecture at JPMorgan.
Hiscox Group CEO Bronek Masojada says Penny’s “diverse experience” will be “invaluable” as he brings expertise in leading all aspects of IT including strategy, development, engineering, operations and programme execution.