shutterstock_545879812
5 June 2024 Insurance

Hiscox enlists Liberty Mutual veteran to spearhead underwriting strategy in US

Specialist global insurer Hiscox has named an 11-year veteran from Liberty Mutual Insurance as its senior vice president of underwriting management in the US.

Based in Massachusetts, Paul Spelman will report to Steve Prymas, chief underwriting officer of Hiscox USA.

In the role, Spelman will lead the underwriting strategy for Hiscox USA’s business owners policy, general liability, cyber/tech, entertainment and crime products.

Spelman, who has over 20 years of industry experience, joins from Liberty Mutual Insurance where he spent 11 years spanning various roles including director of state operations, vice president of small commercial state management and and most recently vice president of small commercial underwriting. Prior to that, he served at Bain & Company, STAG Capital Partners, Boston Capital and Prudential Capital Group.

Prymas said: “Paul has a proven track record of driving profitable growth, enhancing customer satisfaction, building high-performing teams and rolling up his sleeves for on-the-ground work. We are thrilled to welcome him into our team at Hiscox USA, as we continue to build best-in-class products that support the unique businesses that we serve.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Reinsurance
25 April 2024   CyberShock is designed to ‘materially improve’ the market’s approach to cyber catastrophes.
Technology
22 March 2024   The insurer participated in an oversubscribed round with Intact Ventures and others.
Insurance
21 March 2024   The executive will lead all aspects of Hiscox’s US operations.