Hiscox hires new CTO for London Market

GlobalData

Tue, Apr 29, 2025, 5:31 AM 2 min read

Specialist insurer Hiscox has appointed Phil Withey arsenic main exertion serviceman (CTO) for London Market, effectual June this year.

Withey volition beryllium tasked with defining the exertion strategy for the London Market, overseeing the cognition and translation of trading systems, arsenic good arsenic furthering investments successful data, digitalisation, and artificial intelligence.

Withey volition study to some Hiscox Group CIO Chris Loake and Hiscox London Market CEO Kate Markham and volition beryllium based successful the insurer's London office.

Commenting connected the appointment, Markham said: “Phil’s acquisition and expertise volition beryllium cardinal to delivering connected our ambitions, supporting our colleagues crossed the concern arsenic we look to marque it easier for brokers and clients to commercialized with Hiscox.”

Withey joins Hiscox aft a decennary astatine the London Stock Exchange Group (LSEG), wherever helium held aggregate elder exertion roles, including the caput of architecture for FTSE Russell, shared technology, and information and analytics.

Latterly, helium led the architecture relation for the LSEG and Microsoft Partnership and was liable for orchestrating and executing a translation programme successful collaboration with Microsoft.

Prior to his tenure astatine LSEG, Withey accumulated acquisition astatine Barclays Capital and Threadneedle Investments, which has provided him with a wide position connected exertion wrong the fiscal services sector.

Withey stated: “I americium delighted to beryllium joining Hiscox astatine specified an breathtaking clip and to playing my portion successful realising its ambitious plans. Hiscox London Market has led the mode with innovations specified arsenic its generative AI-enhanced pb underwriting model, truthful I’m truly looking guardant to gathering connected the beardown foundations already successful spot arsenic we proceed to research however exertion tin alteration the improvement of our products and the transportation of services.”

In March 2025, Hiscox UK migrated to a caller cloud-native architecture provided by Sapiens, utilising Kubernetes, to amended operational productivity and work delivery.