(Image source: Hiscox/Asylum SFX.)
International specialist insurer Hiscox (Hamilton, Bermuda) has announced the appointment of Eric Micheals as Chief Underwriting Officer in the U.S. Micheals, a Hiscox Partner, is based in New York and will report to Ben Walter, Chief Executive Officer for Hiscox in the U.S. Micheals replaces Nicole Goodwin, who is retiring.
“During his tenure at Hiscox, Eric has demonstrated leadership, courage and a relentless focus on high-quality underwriting and excellence in execution,” comments Walter. “Eric’s experience and commitment to driving innovation at Hiscox will be instrumental in expanding one of our fastest growing business units.”
Hiscox says Micheals will lead the underwriting strategy and execution across the company’s portfolio of specialty risk solutions in the U.S., including a broad spectrum of professional errors & omissions, general liability, cyber and data security, media liability, management liability, crime, kidnap & ransom, terrorism and commercial property insurance products.
Micheals has been with Hiscox for eight years and was the lead underwriter in establishing Hiscox’s Direct and Partnerships division in the US. He later served as senior VP for the Hiscox Underwriting Center (HUC), where he led a 30-person underwriting team while simultaneously handling the renewal business and managing a number of the firm’s small business accounts. Most recently, Micheals served as senior VP, Head of Emerging Solutions, where he worked with Hiscox’s distribution heads to identify and capitalize on new distribution and insurance technology opportunities.
Prior to joining Hiscox, Micheals was a VP at AIG. He graduated cum laude from the State University of New York at Binghamton with a Bachelor of Science degree in Economics and a Bachelor of Arts degree in Music.