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Specialist insurer Hiscox has announced the appointment of Matthew Budd as Group Head of Technical Claims, a newly created role.
Based in London, Budd will be responsible for overseeing the Group’s technical claims operations as the business continues to fulfil its growth ambitions and deliver innovative solutions to customers.
An executive with 36 years of experience in claims and across multiple classes of business, is joining Hiscox from AIG, where he led the group’s aerospace claims.
His career also includes various roles at Talbot Underwriting, including Head of Claims and Head of Wordings and Contracts and Delegated Authorities. Prior to joining Talbot, he was the Aviation Claims Manager at XL London Market.
In his new position, he will be reporting to Steve Parry, Group Claims Director, who commented: “Matthew will be a great addition to our team, thanks to his vast global experience and deep expertise in claims – including complex and high-value claims across various lines of business.
“He joins us at an exciting moment as we focus on realising our ambitious growth plans, and I look forward to working with him to continue to develop our market-leading claims service.”
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