Specialist insurer Hiscox has appointed Vincent Prabis to serve as Managing Principal within its Insurance Linked Securities (ILS) division.
Prabis previously served as Head of ILS Strategies at SCOR Investment Partners.
He will now be responsible for spearheading Hiscox’s evolution in the sector, ensuring investor demands for high-quality, innovative and diversified solutions are met.
He will also become a member of the Hiscox Re & ILS Executive team and report to its CEO Kathleen Reardon.
“The depth of Vincent’s experience in asset management made him the stand-out candidate to drive our ILS business forward,” said Reardon.
“Vincent brings to the role proven leadership ability and a passion for delivering superior service to sophisticated institutional ILS investors. I look forward to us benefiting from his expertise in his new role.”
Commenting on his appointment, Prabis said, “With the current investment landscape providing plenty of attractive opportunities, I look forward to joining the ILS team and helping the business to achieve its ambitious goals.”