Lloyd’s of London CEO appoints John Neal as new CEO

Written by Adam Cadle

16/10/2018

Lloyd’s of London has appointed John Neal as its new CEO.

Neal brings more than 30 years’ experience in the insurance industry, most recently as group CEO of QBE Insurance Group.

Lloyd’s chairman Bruce Carnegie-Brown said: “Neal joins us at an important time and will continue the drive to improve the market’s long-term success through a number of critical areas of focus, including improving the market’s underlying performance, and the launch of Lloyd’s Brussels subsidiary.”

Commenting on his appointment, Neal said: “The Lloyd’s market is like no other (re)insurance organisation in the world. With an unrivalled pool of underwriting expertise, and a reputation built on 330 years of providing insurance solutions for our customers, it plays a unique role in supporting businesses and economies through its unmatched global reach and customer focus.

“As I begin this role, it is important that we focus on maintaining the market’s reputation for innovation, accelerating our efforts to modernise the ways in which we do business, and take the time to listen to all of our stakeholders, who are critical to the future wellbeing of the Lloyd’s market.”

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