Hiscox, the international specialist insurer based in Bermuda, has announced the appointment of Mary Boyd as the new chief executive of its USA business unit. Boyd, who previously served as CEO of Plymouth Rock Assurance, brings a wealth of experience in the insurance industry to her new role. She will be replacing Kevin Kerridge, who is stepping down after nearly three decades with Hiscox.
Boyd’s impressive career trajectory, which began in actuarial roles and led to leadership positions at major insurance companies such as The Hartford Insurance Company, Ace, Explorer Insurance, and Chubb, demonstrates her capability to lead Hiscox USA to further success. Her appointment signifies a strategic move by Hiscox to strengthen its presence in the US market and enhance its operations. Kerridge, the outgoing CEO, will provide advisory support during the transition period before pursuing new opportunities outside of Hiscox.
As Hiscox prepares for a new chapter under Mary Boyd’s leadership, the company is poised to benefit from her proven track record in the industry and strategic leadership skills. With Kerridge’s guidance during the transition, Boyd will have the opportunity to seamlessly integrate into her new role and drive growth for Hiscox’s USA business unit. The appointment of Boyd reflects Hiscox’s commitment to innovation and excellence in serving its clients in the dynamic insurance landscape of the United States.