Hiscox Appoints Hiscox Appoints Andrew Wood as Midwest Regional Executive in the US
New York, NY – May 1, 2019 – Hiscox, the international specialist insurer, today announced the appointment of Andrew Wood as Midwest Regional Executive in the US. With nearly 25 years of industry experience, Wood will be responsible for leading the growth and performance of the Midwest underwriting team. He will be based in Chicago and will report to Bob Gadaleta, Head of Field for Hiscox in the US.
“Andy’s diverse insurance industry experience will help provide unique perspective on the changing insurance marketplace and find ways to make it easier to transact business with our broker partners,” said Gadaleta. “We’re excited to welcome Andy and further strengthen our team in the Midwest and our commitment to the region.”
Before joining Hiscox, Wood served as Chief Administrative Officer and Executive Vice President of Retail Operations at Insureon, where he led the management of retail sales operations. He was responsible for driving placement of new small commercial business insurance policies while also managing the ongoing insurance needs of over 80,000 clients across multiple distinct distribution channels. Prior to Insureon, Wood was the Chief Operating Officer at InsuranceNoodle, an insurance brokerage dedicated to the distribution of small commercial property & casualty insurance coverage. He earned a bachelor’s degree and a master’s degree in management sciences from the University of Cambridge.
Hiscox USA provides a variety of specialty risk solutions, including a broad spectrum of E&O, GL, cyber and data security, media liability, management liability, crime, kidnap & ransom, terrorism and commercial property insurance products.
In the US, Hiscox is headquartered in New York, NY, with offices in Atlanta, GA; Chicago, IL; Chesapeake, VA; Dallas, TX; Las Vegas, NV; Los Angeles, CA; Phoenix, AZ; San Francisco, CA and White Plains, NY.
About The Hiscox Group
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 2018 saw the business deliver a profit before tax of $137.4 million in a challenging year for insurers.
The Hiscox Group employs over 3,300 people in 14 countries, and has customers worldwide. Through the retail businesses in the UK, Europe, Asia 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 & ILS. In the US, Hiscox underwrites admitted insurance products through Hiscox Insurance Company Inc., a Chicago-based insurer.
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. For more information, visit www.hiscoxgroup.com.
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