Bermudian-headquartered Hiscox Ltd, the global specialist insurer, has appointed Lynne Biggar and June Yee Felix as independent non-executive directors, subject to regulatory approval.

Hiscox said Ms Biggar has more than 25 years of experience in advancing global brands and delivering customer results across a range of sectors including technology and financial services.

She has held several senior global marketing and operational roles, including at Visa, Time Inc, and American Express, and is now a senior adviser at Boston Consulting Group.

Hiscox said Ms Felix has 30 years of experience growing, advising and transforming technology intensive businesses globally, particularly in financial services, having worked across Asia, the United States and Europe.

Her career includes leadership roles at Chase Bank, Citibank, IBM, Verifone, and most recently as group chief executive of FTSE-listed global fintech, IG Group Plc.

As part of board succession planning, Hiscox said Lynn Pike and Anne MacDonald will not seek re-election at the 2025 annual general meeting and will step down from the board in 2025 following the conclusion of their nine-year terms.

Colin Keogh, Hiscox interim chairman, said: “Both Lynne and June’s deep expertise in their respective areas will be strong complements to our existing board and as the business continues to pursue its ambitious growth plans.

“I would also like to take this opportunity to thank Lynn and Anne for their many valuable contributions during their tenure, particularly Lynn’s support in chairing the risk committee and as interim senior independent director during 2024, and Anne’s work to establish a very effective employee engagement network.”