Insurance Age

Hiscox in Lloyd's restructure

Its Global Markets business as it was known will be renamed Hiscox London and will be directed by Russell Merrett. Meanwhile, the Hiscox Global Markets hubs in Paris and New York will come under the European and US businesses respectively.

The overall restructure of the company will fall along geographic lines, and was undertaken as a result of recent expansion in the US. In the US, all Hiscox business will be managed as a single operation under the leadership of Richard Watson who previously ser

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