Election of Three New Members to the Council of Lloyd's

 

Lloyd’s has confirmed the election of three new members to the Council of Lloyd’s. Julian James and Neil Maidment were elected following a vote of working members of the Society of Lloyd’s and will serve a three year term. Philip Swatman was elected unopposed from the individual external members of the Society.

They will replace Rupert Atkin, Chrishopher Harman and Alan Lovell respectively, whose terms of office expired at the end of January this year, having served the full nine years permitted on the Council. As a result, Rupert Atkin is also stepping down from his role as Deputy Chairman with Simon Beale appointed as his successor.

Chairman of the Council, John Nelson, said: “On behalf of the Council, I would like to thank Rupert, Christopher and Alan for their dedication and hard work as members of the Council. They have made invaluable contributions to the continued success of Lloyd’s.”

“I am looking forward to working with Philip, Julian and Neil. They will bring real insight vital to the Council’s deliberations.” Julian James is President, Global Markets for Allied World Assurance Company and the CEO of Allied World Managing Agency Ltd. He has worked around the Lloyd’s market since 1981 after starting his insurance career at Sedgwick (one of the former companies of Marsh & McLennan). Prior to joining Allied World he was CEO of Lockton International and a Director of the Corporation of Lloyd’s. He is a past President of the Chartered Insurance Institute and serves as a member of Council for The Insurance Institute of London.

Neil Maidment has worked in the Lloyd’s market for 31 years. He is Chief Underwriting Officer of Beazley plc and active underwriter for its six Lloyd’s syndicates. Neil is a director of Beazley Furlonge Ltd, the group’s Lloyd’s managing agency, and a director of Beazley plc. In 2011 he was elected to the board of the Lloyd’s Market Association (LMA) and was appointed LMA chairman in November 2015.

Philip Swatman is a Chartered Accountant and has been a Member of Lloyd's since 1987. He worked for NM Rothschild for twenty nine years becoming co-head of Investment Banking and retiring as a Vice-Chairman in 2008. He is or has been a non-executive director or Chairman of nine companies.

The working and external members of the Council are elected by Lloyd’s members. The Chairman and Deputy Chairmen are elected annually by the Council from among its members. All members are approved by the PRA. The Chairman and Deputy Chairmen are elected annually by the Council from among its members.

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