Lara Frankovic has been appointed as line underwriter – general liability for Hiscox. She will lead a four-strong general liability underwriting team, focusing primarily on large US domiciled accounts.
Ms Frankovic will report to Matthew Webb, Hiscox London market divisional director, casualty.
“Given the long-tail and complex nature of the general liability risks we underwrite, and the market challenges in areas like social inflation, we recognise the importance of delivering the long-term stability and sustainability our clients and brokers need and expect from us,” said Mr Webb. “Lara has excelled since joining us and this promotion is richly-deserved recognition of her underwriting nous and expertise, underscoring our confidence in her ability to further build on our reputation as a major lead market in this class.”
Ms Frankovic joined Hiscox in March 2019 as senior general liability underwriter from GenRe, where she had a 15-year career as a facultative reinsurance underwriter.
“While market conditions have been challenging for some time, Hiscox has maintained a consistent underwriting approach for general liability risks,” said Ms Frankovic. “And we will continue to offer a broad appetite, backed up by skilled underwriting to meet the needs of our clients and brokers. Our philosophy is to find a way to say ‘yes’ to the difficult, complex risks that other markets might decline, while leading the way in new product innovation.”