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Mary Boyd will assume the function of chief govt officer for Hiscox’s USA enterprise unit on June 24, changing outgoing CEO Kevin Kerridge.
Aki Hussain, Group CEO, expressed his delight at Boyd’s appointment, stating, “Mary’s knowledge and expertise in the insurance industry are exceptional. Her wealth of experience building and leading insurance businesses in the USA, and her deep understanding of the U.S. customer market, will be instrumental in scaling our U.S. business as we seize the opportunity ahead.”
Boyd brings a wealth of expertise to Hiscox from her earlier function as CEO of the impartial company enterprise at Plymouth Rock Assurance. Her profession spans management positions at The Hartford Insurance coverage Firm, ACE, Explorer Insurance coverage, and Chubb.
Boyd expressed her enthusiasm for her new function, saying, “I am thrilled to join Hiscox and lead this talented team to its next series of successes. I am energized by the opportunity to work alongside our team to drive innovation and profitable growth in this market.”
The transition comes as Kerridge steps down after practically 30 years with Hiscox, throughout which he performed an important function within the firm’s digital transformation. He’ll proceed to serve in an advisory capability earlier than pursuing alternatives outdoors Hiscox on the finish of September. &
