Hiscox has announced the opening of an office in Sweden and Portugal as part of its continued development of its European business. The offices in Stockholm and Lisbon will target high-net-worth consumers in the art and private client market. Hiscox Portugal will be led by Gonçalo Baptista, while Hiscox Sweden will be led by Mats Heggestad.

Bronek Masojada, Hiscox chief executive, said: “We are delighted to be expanding our offering into these two markets. Both Gonçalo Baptista and Mats Heggestad have the experience and knowledge to provide great service to our potential new customers.”