Insurer Hiscox has recruited Matthew Budd to the newly created role of group head of technical claims. He joins from AIG where he led the firm’s aerospace claims team. He will report to Steve Parry, group claims director at Hiscox.

Parry said: “Matthew will be a great addition to our team, thanks to his vast global experience and deep expertise in claims – including complex and high-value claims across various lines of business.

“He joins us at an exciting moment as we focus on realising our ambitious growth plans, and I look forward to working with him to continue to develop our market-leading claims service.”