Specialist global insurer, Hiscox has announced the appointment of Robert Dietrich as the new chief executive officer of Hiscox Europe, effective immediately.

He succeeds Stephane Flaquet who was appointed to chief transformation officer earlier this year.

Dietrich has served at Hiscox for 24 years, having joined as an operations manager for Hiscox Germany from Allianz’ trainee programme in 1997.

Since then, he has held various underwriting roles across the business before being appointed to managing director of Hiscox Germany in 2006.

Ben Walter, CEO Hiscox Global Retail said: “Robert is a versatile, highly experienced business leader and a valued colleague. His extensive knowledge of the business will be crucial in helping us to deliver the next phase of growth for our European business as we innovate to capture the growth opportunities we see in both the traditional broker and digital channels.”

Dietrich commented: “I’ve seen the evolution of the Hiscox Europe business first hand as it has evolved to become a significant part of the Hiscox Group over the last 20 years. Despite the challenges of the pandemic, the business delivered a strong performance in 2020 and we are well set to continue that trend.”

“I am excited to have the opportunity to work with the talent we have across our European offices as we drive the transformative possibilities that technology will deliver for our brokers and clients.”