John Neal has been appointed CEO of Lloyd’s following a meeting of the Council of Lloyd’s, where his appointment as successor to Inga Beale was approved unanimously. He will take up his position on Oct. 15, 2018.
Related: Lloyd’s of London CEO Inga Beale to leave in 2019
A familiar face around Lloyd’s
Neal’s whole career has been associated with Lloyd’s market, first as an underwriter and later as CEO of the Ensign Managing Agency. He was most recently Group CEO of QBE, a global insurance reinsurance business with a significant Lloyd’s footprint.
“The insurance sector is facing many challenges. For 330 years the Lloyd’s market has demonstrated its ability to innovate and adapt, and I look forward to playing my part to ensure this unique marketplace remains at the forefront of global commercial corporate and specialty insurance and reinsurance,” Neal said in a statement.
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