Hiscox appoints Managing Principal for its ILS business

Hiscox has appointed Vincent Prabis to the role of Managing Principal, Hiscox ILS. His appointment is subject to Department of Immigration and Bermuda Regulatory approval.

In his role as Managing Principal at Hiscox ILS, Prabis will be responsible for spearheading the company’s ILS evolution, ensuring investor demands for high-quality, innovative and diversified solutions are met. He will also become a member of the Hiscox Re & ILS Executive team and will report to Kathleen Reardon, CEO of Hiscox Re & ILS.

Prior to joining Hiscox, Vincent served as Head of ILS Strategies at SCOR Investment Partners where he oversaw the strategic direction of a well-diversified ILS business.

Commenting on the appointment, Kathleen Reardon, CEO of Hiscox Re & ILS, said: “The depth of Vincent’s experience in asset management made him the stand-out candidate to drive our ILS business forward. Vincent brings to the role proven leadership ability and a passion for delivering superior service to sophisticated institutional ILS investors. I look forward to us benefiting from his expertise in his new role.”

Vincent Prabis adds: “With the current investment landscape providing plenty of attractive opportunities, I look forward to joining the ILS team and helping the business to achieve its ambitious goals.”