Hiscox Insurance Company Limited (Bermuda) has appointed Curtis Dickinson as Executive Director for its Hiscox (HIB) subsidiary, subject to regulatory approval.

In this capacity, a company spokesperson said he will work with the rest of the HIB board to oversee the strategy and vision of Hiscox Re & ILS, the reinsurance and insurance linked securities arm of the Group.

It was also noted that Mr Dickinson has over 25 years of experience in investment and commercial banking across the USA, UK and Bermuda. Elected to Bermuda’s House of Assembly in 2018, Curtis served as Minister of Finance from 2018 to 2022.

“His extensive career includes senior roles at Donaldson Lufkin & Jenrette Securities Corporation, Credit Suisse, First Boston Corporation and Wells Fargo Securities, where he was instrumental in raising capital for companies in various industries,” the statement said.

“Prior to his ministerial appointment, Curtis was Executive Vice President and Group of Head of Private Banking at the Bank of N.T. Butterfield & Sons Limited, having previously lead Butterfield’s global treasury and Bermuda-based wealth management businesses,” the statement added.

“His distinguished public service record in Bermuda includes roles as Chairman of the Board of Education and the Bermuda Hospitals Board, and director of the Bermuda Economic Corporation. Currently he serves as a director of HOME and as an advisor to the Bermuda International Long Term Insurers and Reinsurers (BILTIR).”

Paul Cooper, Hiscox Group CFO and HIB Chair, commented: “Curtis’ extensive experience and deep ties to the Bermudian community will be invaluable as we continue to grow and execute our strategy. Alongside the rest of the board, I look forward to benefitting from his extensive financial services expertise and significant Bermuda market experience.”

Curtis Dickinson, Minister of Finance

Kathleen Reardon, Hiscox Re & ILS CEO and HIB board member, also commented: “Curtis’ wealth of expertise in financial services and his unique profile in Bermuda will be a strong asset as Hiscox Re & ILS continues to grow, delivering exceptional value for our customers, partners, investors, and the community.”

Mr Dickinson added: “Hiscox is a business and a brand that I have admired for some time, so I am excited to be joining the Hiscox family and looking forward to working with the organisation as they deliver on their ambitious growth plans.”