Peter Clarke Appointed New Chair of Hiscox to Drive Global Growth

Hiscox has appointed Peter Clarke as its new Chair, marking a strategic move to bolster the company’s governance and drive its next phase of global growth. Clarke’s appointment will officially take effect on June 1, 2025, pending final regulatory approval. He will succeed Colin Keogh, who will step down from the board on July 1, 2025.

A Transition Following Unexpected Leadership Changes

This board transition comes after a period of unforeseen leadership shifts. Keogh was appointed Chair in August 2024 following the untimely passing of former Chair Jonathan Bloomer in a sailing accident off the Sicilian coast. Despite his brief tenure, Keogh provided critical stability during a challenging time for the company.

The appointment of Clarke underscores Hiscox’s dedication to experienced, forward-thinking leadership as it continues to evolve in international markets.

Clarke Brings Deep Financial Services Expertise

Peter Clarke’s distinguished career includes more than two decades at Man Group, one of the world’s top hedge fund managers. He served as Chief Executive Officer from 2007 to 2012, leading the firm through significant transformation and executive restructuring. Clarke was later succeeded by Emmanuel Roman.

Earlier in his career, Clarke trained as a solicitor with the prestigious City law firm Slaughter and May and has since built an impressive reputation across the financial services sector, holding senior positions in several FTSE-listed companies.

Extensive Board Experience and Strategic Leadership

Beyond his executive roles, Clarke has served as a non-executive director for several major organizations, including AXA Investment Managers, Sainsbury’s Bank, and Lancashire Insurance Holdings, where he held the role of Chair. Currently, he chairs Redwheel and serves as a non-executive director for Lombard Odier Asset Management’s US, European, and Swiss boards.

This broad leadership experience across asset management, banking, and insurance makes Clarke exceptionally well suited to support Hiscox’s diversified global operations.

Hiscox Leadership Endorses Appointment

Aki Hussain, CEO of Hiscox Group, praised Clarke’s appointment:
“Peter’s deep knowledge of the financial services industry, his success in scaling operations in the US, and his expertise in complex insurance markets make him an invaluable addition to our board. His extensive boardroom and regulatory experience will strengthen our governance as we navigate emerging risks and global opportunities.”

Clarke’s Perspective on Joining Hiscox

Peter Clarke expressed his enthusiasm about taking on the new role:
“I have long admired Hiscox for its innovative underwriting, broad product portfolio, and disciplined growth strategy. The quality of its leadership team and the group’s strong market position create an exciting opportunity for the future. I look forward to contributing to the board’s efforts as Hiscox enters its next phase of development.”