Jedraszak leaves Hiscox Re ILS

One of the senior executives at Hiscox Re's insurance-linked
securities (ILS) platform, Michael Jedraszak, has resigned four
years after helping to establish the division, sister publication
Trading Risk revealed last week.
Meanwhile, the insurer has picked up former Blue Capital CEO
Adam Szakmary as a director of underwriting in Bermuda, subject to
immigration approvals.
Sources said Jedraszak stood down from Hiscox earlier this month
to pursue other interests in the ILS sector. He will be on
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