PriyaPatel
TLDR:
- Specialist global insurer Hiscox has appointed Mike Maletsky as vice president and practice leader for technology E&O and cyber.
- Maletsky brings over 18 years of industry experience to the position, most recently serving as assistant vice president of digital products at Embroker.
In a recent announcement, Hiscox has named Mike Maletsky as the new vice president and practice leader for technology errors and omissions (E&O) and cyber. Maletsky, who has nearly two decades of expertise in the field, will be based in Maryland and report to Paul Spelman, the senior vice president of underwriting management at Hiscox USA. In this role, Maletsky will be responsible for overseeing all aspects of Hiscox USA’s technology E&O and cyber underwriting operations.
Maletsky’s background includes various roles in the industry, with his most recent position being the assistant vice president of digital products at Embroker. Prior to that, he held roles in product management and learning and development at The Hartford, and started his career in underwriting at Chubb. With a bachelor of arts in business administration from The University of Iowa, Maletsky is well-equipped to lead in the ever-evolving tech and cyber risk space.
Paul Spelman, the senior vice president of underwriting management at Hiscox USA, praised Maletsky’s track record of innovation and staying ahead of cyber risks and emerging technologies. With experience in both underwriting and product development, Maletsky brings a holistic approach to innovation, underwriting practicality, and product lifecycle management.
Hiscox USA offers a range of specialty risk solutions, including errors and omissions, general liability, cyber and data security, media liability, management liability, crime, entertainment, and terrorism insurance products. The Hiscox Group, with over 3,000 employees across 14 countries, serves customers globally through its retail businesses in the UK, Europe, Asia, and the USA.
This appointment comes on the heels of Mary Boyd being named as the new chief executive of Hiscox USA, succeeding Kevin Kerridge. Kerridge will be leaving at the end of September, with Boyd assuming the post on June 24. As Hiscox continues to expand its leadership team, it signals the company’s commitment to growth and innovation in the insurance industry.
