Hiscox Names Mary Boyd U.S. CEO

Boyd joins Hiscox from Plymouth Rock Assurance, where she has been CEO of its independent agency business since 2018.

(Image credit: Zahari M.)

Hiscox (Bermuda), the international specialist insurer, has announced the appointment of Mary Boyd as Chief Executive Officer of its U.S. business unit. Boyd joins Hiscox on 24th June and replaces existing U.S. CEO Kevin Kerridge, who is stepping down after almost 30 years in the business.

Mary Boyd, CEO, U.S. Business, Hiscox.

Mary Boyd, a U.S. national, joins Hiscox from Plymouth Rock Assurance, a home and auto insurance provider in the northeast of the U.S., where she has been CEO of its independent agency business since 2018. She began her career in actuarial roles before moving into leadership positions at The Hartford Insurance Company; ACE; Explorer Insurance; and Chubb.

“Mary’s knowledge and expertise in the insurance industry are exceptional, and I am delighted to be welcoming her to the Hiscox business,” comments Aki Hussain, Group CEO, Hiscox. “Her wealth of experience building and leading insurance businesses in the U.S., 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.”

“I am thrilled to join Hiscox and lead this talented team to its next series of successes,” comments Boyd. “Aki has communicated a clear strategic vision to serve the insurance needs of small business owners across the U.S., reinforced by a consistent commitment to our partners and continued investment in technology capabilities. I am energized by the opportunity to work alongside our team to drive innovation and profitable growth in this market.”

Kevin Kerridge, Outgoing U.S. CEO, Hiscox USA.

Outgoing CEO Kevin Kerridge will operate in an advisory capacity over the coming months before leaving to explore opportunities outside Hiscox at the end of September, according to a Hiscox statement.

“Kevin was key to the start of our digital journey 25 years ago, and has been at the centre of building the Hiscox digital offering into the powerhouse it is today,” adds Hussein. “We are immensely grateful for the deep expertise and drive that Kevin has brought to our business over his time here, and we wish him all the best with his next steps.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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