Hiscox appoints CRO

Bermuda-based Hiscox has appointed its interim chief risk officer (CRO) to the permanent position of CRO.

Hanna Kam, currently on secondment from EY, will report to Hiscox chief executive Bronek Masojada.

She will oversee the insurer’s risk management activities including adherence to its risk management framework and the final implementation drive for Solvency II.

Kam is currently on secondment from EY filling in as the interim chief risk officer position since August.

She joins Hiscox from EY’s risk and actuarial services team. She has been involved in a range of international insurance projects, leading large project teams as well as acting as Lloyd’s Syndicate actuary, head of capital, head of risk and chief risk officer for various clients. Prior to her consultancy work, she spent four years with Zurich Financial Services in Australia.

Bronek said: “Hanna brings extensive industry experience and a critical eye to our risk management processes.  Having already worked as part of the team here, Hanna has a strong grasp of the business and is a welcome addition to our group management team.”