Mike Krefta to leave Hiscox Re & ILS in early 2021

Mike Krefta, chief executive officer of Hiscox Re & ILS, will leave the company in early 2021 to return to the UK.

Krefta has been with Hiscox for almost 17 years, four of them in Bermuda. He became the CEO of Hiscox Re and ILS, and CEO of Hiscox Bermuda, in August 2017. Before that he was chief underwriting officer of Hiscox Re.

Krefta grew the business to nearly $900 million of premium and established Hiscox in the ILS market. He also led the group’s ESG initiative.