Hiscox appoints group finance director

Bermuda-based specialist insurer Hiscox appointed Tom Shewry to the role of director of group finance.

Shewry joins Hiscox from Lloyds Banking Group, where he held the position of finance director for the general insurance business and was a member of the general insurance executive leadership team. In this role Shewry led a multi-disciplinary team of more than 70 people and was responsible for developing and implementing strategy for the insurance division and group, including the group’s response to various regulatory and competitor challenges.

Prior to his time at Lloyds, Shewry spent 15 years at Zurich Insurance, working across a range of finance roles, latterly as director of finance, personal lines and operations. He brings extensive commercial expertise in insurance, including catastrophe modelling, reinsurance, distribution and procurement. A chartered accountant, Shewry qualified with Ernst & Young.

At Hiscox, Shewry will report to Hiscox group chief financial officer Aki Hussain and will be responsible for a number of the key financial processes of the group, including internal and external financial reporting and control, business planning and treasury.

Commenting on the appointment, Hussain said: “We are pleased to welcome Tom on board. He brings a wealth of expertise in developing and implementing complex finance strategies within blue-chip companies. His experience in responding to changing regulation will be particularly valuable to Hiscox. He is another great addition to our Group Finance team which continues to grow in strength.”

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