Hiscox has named Paul Cooper as the group’s new group chief financial officer.
Cooper is currently the interim group chief financial officer of M&G Plc but will move over and join the international insurer, although his starting date is not yet confirmed.
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He said: “Market conditions are excellent and there is significant opportunity for profitable growth in all of the Group’s major markets.
“I look forward to building on this in the months and years ahead,” he added.
Cooper’s salary will be £525,000 and his maximum bonus will be 300% of his salary.