Global specialist insurer and reinsurer, Hiscox, has announced that the Chief Financial Officer (CFO) of its reinsurance and insurance-linked securities (ILS) unit, Liz Breeze, will take over as interim CFO of the Group.
Breeze’s appointment remains subject to regulatory approval, and she will assume her new role while the company continues to search for a permanent CFO.
She joined the company in 2012 and during her tenure has held numerous senior finance roles across the Group, including Group Technical Accountant, Head of Finance for Hiscox UK, and most recently as CFO for Hiscox Re & ILS.
As part of the leadership team at Hiscox Re & ILS, Breeze has driven significant improvements in both financial systems and capital efficiency.
As interim Group CFO, Breeze will work closely with Aki Hussain, Group CFO and Chief Executive Officer (CEO) designate, and assume Group CFO duties from January 1st, 2022.
Breeze will be based in London and join the Group Executive Committee.
“Liz has a deep understanding of our business, having spent time in both our big-ticket and retail operations,” said Hussain.
“She has also been an important participant in our work to embed structural finance change as part of our multi-year finance transformation programme. Liz will be an excellent addition to our Executive team and I look forward to continuing to work closely with her.”
Breeze added: “I am delighted to take on this new challenge and look forward to bringing my financial expertise and knowledge of the business to this role as we look to realise the abundance of opportunities ahead of us.”
