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Hiscox adds to board

Specialty insurer Hiscox has added two new non-executive directors to its board - Richard Gillingwater and Bob McMillan.

Gillingwater is Dean of Cass Business School.

His corporate finance career included roles as chairman of European Investment Banking for Credit Suisse First Boston and his previous directorships have included Tomkins, Debenhams and Qinetiq Group. He is currently a director of Scottish and Southern Energy and chairman of development finance body CDC.

In 2003 he became chief executive and later chairman of the Shareholder Executive which manages the Government's day-to-day relationships with government-owned businesses.

American Bob McMillan spent 24 years with the Progressive Insurance Corporation where he served in various positions including national director of product development, then claims before becoming national director of marketing.

He has been a non-executive director of Hiscox Inc. since March 2007 and now joins the Hiscox Ltd board.

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