Beazley has appointed David Roberts as a non-executive director with effect from 1 Nov and chairman designate.
Roberts - who has been chairman of Nationwide Building Society since 2015 - will takeover as non-executive chairman of Beazley following the annual general meeting in March.
During his career has served as an executive director at Barclays Bank and Deputy Chairman at Lloyds Banking Group
He will takeover from Dennis Holt who will step down from the board having served two full three-year terms as chairman.
Chief executive Andrew Horton said: 'I am delighted that David has joined the Beazley board and I along with the rest of the board are looking forward to working with him.
'David brings extensive financial services experience and throughout his career he has proven himself to be insightful and strategically adept.'
At 9:41am: (LON:BEZ) Beazley PLC share price was -3.85p at 490.65p