Hiscox hires Neil Lipuma to run Financial Services

NEW YORK, Nov. 13, 2014 (GLOBE NEWSWIRE) -- Hiscox, the international specialist insurer, today announced that Neil Lipuma has been appointed Senior Vice President for Hiscox USA. In this underwriting leadership role, Lipuma will oversee the strategic direction, sales and marketing activities for Hiscox's Private Investment Fund Portfolio. The product is designed to provide tailor made solutions and is targeted at the often neglected small to mid-sized fund space. Lipuma reports to Gary Head, Chief Underwriting Officer for Hiscox USA, and is based out of the company's New York office.

"We are thrilled to have Neil onboard to work with our partner brokers and drive our Financial Services account forward," Mr. Head said. "Neil has a great track record working with Financial Services clients and creating innovative solutions to meet their insurance needs."

Lipuma has nearly 17 years of industry experience, most recently as Assistant National Manager for the private equity practice at Arch Insurance Group where he was responsible for managing a significant book of business. Lipuma previously held positions at Hartford Financial Services and AIG.

"I'm excited to join Hiscox and look forward to expanding the Financial Services book working with my colleagues across the US," said Mr. Lipuma. "Hiscox is committed to providing superb service to their brokers, and I look forward to delivering that service to clients in the Financial Services industry."

In the U.S., Hiscox offers Financial Services coverage alongside a diverse portfolio of executive risks, professional liability and property insurance products, and has offices in New York, NY; Atlanta, GA; Chicago, IL; Los Angeles, CA; San Francisco, CA. and White Plains, NY.

Additional information can be found at www.hiscoxbroker.com.

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