Insurer Hiscox has appointed former Allianz executive Jon Dye as its new UK chief executive officer.
Effective from September and subject to regulatory approval, Dye will be responsible for leading Hiscox UK and building on its long-term broker relationships, a distinguished brand and deep expertise in digital distribution and algorithmic underwriting.
He will also bring in new capabilities to help drive the business to greater scale.
Dye has held a number of senior roles within the insurance industry, most recently as chief executive officer of Allianz UK for eight years. He stepped down at the end of November 2021 and was succeeded by Colm Holmes.
He also served as chair of the Association of British Insurers between 2019 and 2021.
Commenting on the appointment, Hiscox Group chief executive officer Aki Hussain said: “Jon is a recognised industry leader with solid CEO experience and a fantastic track record of building sustainable, profitable businesses.”
“I very much look forward to working with him as part of our group executive team, as we look to realise the vast opportunities ahead. I would also like to thank Stéphane Flaquet, our chief transformation officer, for caretaking the role so diligently in the interim.”
Dye added: “I’m really looking forward to bringing my energy and expertise to Hiscox UK—which at its core is a great business with a well-established brand. I have admired Hiscox for many years and now I have the opportunity to contribute to its next chapter which is personally incredibly exciting.”