Global specialist (re)insurer Hiscox has announced the appointment of Christian Nielsen as chief financial officer (CFO) for Hiscox London Markets and Hiscox Syndicates Limited (HSL).

Nielsen currently serves as CFO at Hiscox UK and director of Hiscox Insurance Company Limited (HIC), the group’s UK insurance carrier.

He will join the Hiscox London Market team in September of this year, and report to Kate Markham, CEO of Hiscox London Market. In his capacity as CFO for Hiscox Syndicates Limited, he will report to Hiscox Group CFO, Aki Hussain.

He joined the business in 2015 from Barclays where he held several senior roles, including head of Barclays Finance, Cost & Analytics and finance director for Barclaycard UK.

Since joining the firm, Neilsen has played a key role in delivering numerous critical regulatory and operational initiatives for the business, including HIC’s Solvency II implementation in 2016 and its preparations for Brexit, which included sponsoring the Part VII transfer of the European insurance business from HIC to Hiscox Société Anonyme (HSA), the group’s newly-created European carrier.

Nielsen is also a Hiscox partner, a member of the Group’s Finance Leadership Team, and an active member of the Steering Committee for the Group-wide Finance Transformation Programme.

Hussain commented: “Christian will be an excellent addition to our London Market business, which is poised for growth in the face of the most improved market conditions we have seen for some time. He brings strong commercial and financial leadership and a track record of delivery which will benefit both the London Market and HSL management teams.”