Reinsurance News

Hiscox hires Stéphane Flaquet as Chief Transformation Officer

5th February 2021 - Author: Katie Baker

Specialist insurer Hiscox has appointed Stéphane Flaquet as its Chief Transformation Officer for the Group.

Hiscox logoIn this new role Flaquet, who currently serves as CEO of Hiscox Europe, will be responsible for overseeing the delivery of the Group’s multi-year, cross-geography transformation programmes.

He will work alongside business units as well as functions such as claims and IT to enhance Hiscox’s current operating model.

Flaquet will become a member of the Hiscox Operating Committee and will report to Group CEO Bronek Masojada.

In 2012 he relocated to London as Chief Information Officer, a role he held until 2016 when he became CEO of Hiscox Europe.

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Prior to joining Hiscox in 2010, Flaquet worked across a number of sectors within Financial Services for companies such as Paribas, CapitalOne and AIG, in France, the United Arab Emirates and Spain.

Robert Dietrich, Managing Director of Hiscox Germany, will become acting CEO of Hiscox Europe with immediate effect.

Bronek Masojada, Hiscox Group CEO said: “There are opportunities ahead in all our business areas and our multi-year investment in technology means we are well placed to grasp them. In his new role, Stéphane will help drive the ongoing evolution of our business model to ensure we are fit for the future.

“Stéphane brings to the role proven leadership ability, excellent strategic and operational knowledge, as well as a passion for driving digital change and I look forward to working with him in this new capacity.”

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