“Stuart has significant experience and a proven track record of building profitable businesses and highly effective teams, having held numerous leadership roles including Chief Underwriting Officer (CUO), Europe at Hiscox and most recently, CUO and Joint Managing Director of EXIN’s Wholesale Division, based in Barcelona. We are delighted that we can leverage both his underwriting expertise as well as his strong broker relationships to build out our proposition and capabilities across the Continent in this manner.”
The press release also said:
“Stuart will be based in Luxembourg and will promptly begin recruiting a local management team comprising risk, finance and compliance functions to build out our local footprint.”
Middleton joined CNA Hardy, a unit of US insurer CNA Financial Corp, in October 2017, as head of small business. His appointment as Luxembourg chief executive is subject to regulatory approval, the company noted.