Hiscox appoints Flaquet as group chief transformation officer

Hiscox has appointed Stéphane Flaquet as chief transformation officer for the group, and given him a seat on the Hiscox operating committee.

In this newly created role, Flaquet assumes responsibility for overseeing the delivery of Hiscox’s multi-year, cross-geography transformation programmes. He works with business units and functions including claims and IT to simplify and streamline the existing operating model and ensure Hiscox remains efficient as it grows.

He is also responsible for establishing group-wide change governance, driving more effective use of data and enhancing operational effectiveness. He reports to group chief executive Bronek Masojada.

Flaquet was previously chief executive of Hiscox Europe. He joined Hiscox in 2010 as chief operating officer for Europe, based in Paris. In 2012 he relocated to London as chief information officer, a role he held until 2016 when he became chief executive of Hiscox Europe.

Before joining Hiscox, he worked across a number of sectors within financial services, including at Paribas, CapitalOne and AIG, in France, the United Arab Emirates and Spain.

Robert Dietrich, previously managing director of Hiscox Germany, replaces Flaquet as chief executive for Europe.

Masojada said: “There are opportunities ahead in all our business areas and our multi-year investment in technology means we are well placed to grasp them.”