Hiscox Re & ILS, the reinsurance and insurance-linked securities (ILS) unit within Hiscox Group, has rebranded as Hiscox Re in a move aimed at presenting a clearer, more streamlined offering to cedants, brokers, institutional investors and re/insurance partners.
The business has also launched Hiscox Capital Partners, bringing together under a single structure the capital activity it has managed for nearly two decades.
“We have a long track record of working with capital partners and this formalised approach makes it easier for them to access Hiscox Re’s underwriting expertise through tailored, transparent solutions, while continuing to support our cedants and brokers, enabling us to offer expanded solutions and meaningful capacity in a streamlined way,” Hiscox Re explained.
Liz Breeze, who was appointed last year to lead the Hiscox Capital Partners team, holds more than 20 years of experience in insurance and over 14 years at Hiscox, including roles across Group and Retail, and as CFO of Hiscox Re.
“Liz brings deep capital-markets insight, reinsurance expertise and strategic leadership to guide the continued development of Hiscox Capital Partners and strengthen our relationships with capital partners,” Hiscox Re said.
Meanwhile, Vincent Prabis will continue in his senior leadership role as Managing Principal of Hiscox Capital Partners, bringing extensive experience in capital solutions and long-standing relationships across the investor community.
“Together with Hiscox Re’s CEO Kathleen Reardon, and the wider Hiscox Re leadership team, they remain focused on developing our capabilities and offering more solutions to cedants, brokers, institutional investors and re/insurance partners,” Hiscox Re concluded.
Hiscox Re comprises Hiscox Group’s reinsurance business and capital partner platform. Reinsurance is written through both Bermuda and London, with a focus on property and specialty risks.
