NEW YORK, NY, Feb. 13, 2018 (GLOBE NEWSWIRE) — Hiscox, the international specialist insurer, announced today the appointment of David McLaughlin as Chief Financial Officer in the US. McLaughlin is based in Atlanta and will report to Ben Walter, Chief Executive Officer for Hiscox in the US.
“David has a stellar finance and leadership background with experience covering a broad range of industries both within and outside financial services,” said Walter. “We’re excited to welcome David on board. His background and skillset will serve us well as we continue to scale the US business.”
McLaughlin brings more than 20 years of operational and financial experience to Hiscox. He joins Hiscox from Fiserv, where he held a number of divisional CFO positions, most recently covering their Digital Banking, Financial Institutions, and Enterprise Technology Groups.
“Hiscox sets the industry standard for the value and service it delivers to its clients,” added McLaughlin. “I look forward to working with everyone in the organization to drive strong results and profitable growth.”
Prior to Fiserv, McLaughlin held several senior finance roles at Bank of America, including Senior Vice President, Consumer & Small Business Loan Loss Reserves. He also held a number of positions at Delta Air Lines, including that of General Manager of Revenue Analysis & Control, leading six corporate finance functions.
McLaughlin received a Master in Business Administration from Northeastern University and a Bachelor of Science degree in Finance from Bryant University.
In the US, Hiscox has offices in New York, NY; Atlanta, GA; Chicago, IL; Dallas, TX; Los Angeles, CA; San Francisco, CA and White Plains, NY.
Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). Our ambition is to be a respected specialist insurer with a diverse portfolio by product and geography. We believe that building balance between catastrophe-exposed business and less volatile local specialty business gives us opportunities for profitable growth throughout the insurance cycle. It’s a long-standing strategy which in 2016 helped generate gross premiums written of £2,402.6 million and a record profit before tax of £354.5 million.
The Hiscox Group employs over 2,300 people in 13 countries, and has customers worldwide. Through the retail businesses in the UK, Europe and the US, we offer a range of specialist insurance for professionals and business customers, as well as homeowners. Internationally traded, bigger ticket business and reinsurance is underwritten through Hiscox London Market and Hiscox Re and ILS.
Our values define our business, with a focus on people, quality, courage and excellence in execution. We pride ourselves on being true to our word and our award-winning claims service is testament to that. This information is neither intended nor should be construed to be a solicitation for the purchase of insurance by any US person or entity. For further information visit www.hiscox.com.
Follow Hiscox USA on Twitter @Hiscox_USA and @HiscoxSmallbiz.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/105aa97a-34ea-41a0-be05-3f5eea1675b9
CONTACT: Lou Casale Hiscox +1 646 442 8341 Lou.Casale@hiscox.com Gyawu Mahama Hiscox +1 678 781 6003 Gyawu.Mahama@hiscox.com