Chief risk officer leaving Hiscox – successor named

Chief risk officer leaving Hiscox – successor named | Insurance Business Asia

Insurance News

Chief risk officer leaving Hiscox – successor named

Replacement’s credentials include time spent at AXA and AIG

Insurance News

By
Terry Gangcuangco

Hanna Kam, who is leaving specialist global insurer Hiscox after a decade, will be replaced by Fabrice Brossart as chief risk officer.

“I am very excited to be joining Hiscox; a brand I have admired for some time,” Brossart said in a release. “I look forward to being part of the team, driving talent, growth and delivering for our customers.”

The new CRO will be a member of the group executive committee at Hiscox. Based in London, Brossart brings 12 years of experience from AIG; 10 from AXA.

“Fabrice is an extremely experienced CRO, having led critical projects through Solvency II, Brexit, and the development of a group capital model,” commented Hiscox group chief executive Aki Hussain.

“His experience and technical capability combined with a passion for diversity, equity, and inclusion makes Fabrice a great asset in helping deliver our ambition.”

Meanwhile Hussain expressed the company’s gratitude for Kam’s time at the insurer.

“I’d like to take this opportunity to thank Hanna Kam for her leadership in building our risk and compliance function over the years during what has been a particularly busy period of regulatory change,” declared the CEO.

“She has been a valuable member of both the GEC and the Hiscox Partnership, and we will miss her challenge and steadfast dedication when she leaves in July.”

What do you think about this story? Share your thoughts in the comments below.