Hiscox appoints Prudential exec to newly-created finance role

Bermuda-based specialist insurer Hiscox has appointed Louise Dennett to the newly-created role of director of finance change, based in the group's London office.

In her new role, Dennett will report to chief financial officer Aki Hussain with responsibility for delivering a group-wide finance change project designed to ensure the scalability, efficiency and quality of the finance function.

Dennett joins Hiscox from Prudential, where she held a number of senior roles over the past 26 years.

Most recently, she worked as finance change and transformation director for Prudential UK and Europe, responsible for delivering a number of critical change programmes in the finance function, including the company’s timetable for Solvency II implementation. Prior to this, she worked as an operations director within Prudential's retail distribution division.

Hussain said: "We are pleased to welcome Louise on board. Her experience of driving change within a complex insurance company in the post-Solvency II environment will be particularly valuable as our finance function enters a critical period of growth and development."