Specialist global insurer, Hiscox has announced the appointment of Tom Shewry as chief financial officer (CFO) for its UK business and Hiscox Insurance Company Limited.

Reporting to Bob Thaker, Hiscox UK’s CEO, Shewry has spent over two decades in general insurance working in a variety of commercial roles.

He joins Hiscox in 2018 as director of group finance where he led the development of the group finance function, establishing new process and capabilities before becoming CFO for Hiscox UK on an interim basis in September this year.

Since taking on the position, Shewry has played an important role in assessing Hiscox UK’s ongoing Covid-19 exposures while successfully completing the business’ 2021 financial planning process.

Thaker said: “Tom has already demonstrated strong leadership of Hiscox UK’s finance organisation during a challenging period. He brings deep and valuable experience to the role of CFO and is a welcome addition to our management team as we continue to grow the business while focusing on delivering great service to our customers and brokers.”