Lloyd’s and London headquartered specialist commercial insurer CNA Hardy has named Stuart Middleton as CEO of its Luxembourg subsidiary.
Middleton joins CNA Hardy from his most recent role at specialist insurer EXIN, where he was one of the leaders of the firms wholesale operations. Before that he had senior underwriting roles at Hiscox.
Middleton will report to Dave Brosnan, CEO of CNA Hardy, and will take responsibility for expanding the insurers operations and capabilities across Europe. The company aims to develop “an effective, customer focused service that leverages technology to drive efficiency and increase customer satisfaction.”
Brosnan commented on the hire, “Stuart has significant experience and a proven track record of building profitable businesses and highly effective teams, having held numerous leadership roles including Chief Underwriting Officer (CUO), Europe at Hiscox and most recently, CUO and Joint Managing Director of EXIN’s Wholesale Division, based in Barcelona. We are delighted that we can leverage both his underwriting expertise as well as his strong broker relationships to build out our proposition and capabilities across the Continent in this manner”.
Middleton will be based in Luxembourg and will be tasked with recruiting a local management team, made up of risk, finance and compliance functions to build out CNA Hardy’s footprint in the local market.