Specialist global insurer Hiscox has boosted the boards of two UK legal entities, appointing three new independent non-executive directors.
James Illingworth will sit on the Board of Hiscox Syndicates Ltd (HSL), which oversees the insurer’s globally traded specialty (re) insurance lines, while Mark Cliff and Jane Hayes will both join the Board of Hiscox Insurance Company (HIC), which oversees its UK Retail operations.
Cliff has over 35 years industry experience and has held various industry and trade body roles during this time. His appointment will be effective on 1 July 2021.
Both Illingworth and Hayes have vast underwriting expertise, with Illingworth bringing 36 industry experience and Hayes nearly four decades of running insurance portfolios in all segments. They will take up their position on 23 June and 1 July 2021 respectively.
Robert Childs, Hiscox group chairman, commented: “We will benefit immensely from Mark, James and Jane’s knowledge of the market, underwriting and distribution expertise, as we continue to pursue growth in UK Retail and realise the opportunities that exist in our big-ticket lines. These appointments bolster our existing senior expertise and it is always pleasing to attract this calibre of experience to our UK Boards.”