Hiscox Ltd has appointed Jane Guyett as an independent non-executive director and chairwoman of its remuneration committee, subject to regulatory approval.

The firm said Ms Guyett has more than 25 years of executive experience, predominantly in the banking sector, including 15 years at Bank of America Securities, most recently as chief operating officer for Europe, Middle East and Africa.

Colin Keogh, Hiscox interim chairman, said: “Jane has an impressive combination of extensive global executive experience and a track record of contributing to effective boards and committees in a variety of capacities. These attributes will be valuable as the business continues its ambitious growth trajectory.”