Chief Executive Officer
Inga Beale joined Lloyd’s in January 2014. Previously she was Group Chief Executive of Canopius, a prominent Lloyd's managing agent. Prior to that she spent four years with Zurich Insurance, including a period as Global Chief Underwriting Officer. She was Group CEO of Converium Ltd, the Swiss mid-sized independent reinsurance company and, while there, she led a major turnaround of the business before it was acquired by SCOR in 2007. She started her career as an underwriter with Prudential before spending 14 years in a variety of international roles for GE Insurance Solutions. She is also an external Board member to the Government’s Financial Services Trade and Investment Board.
Sir Andrew Cahn
Franchise Board Member
Sir Andrew Cahn is Vice Chairman of Nomura International plc and Chair of the Advisory Board of Huawei Technologies (UK). He is Chair of the International Trade and Investment Group and a Trustee of TheCityUK. He is a Non-Executive Director of General Dynamics (UK). He is a Trustee of the Institute for Government, the Gatsby Charitable Foundation and the Arvon Foundation. He was previously Chief Executive of UK Trade and Investment.
Franchise Board Member
Mark Cloutier was appointed Chief Executive Officer of the Brit Group in October 2011. He serves on the boards of Brit Ltd and Brit Syndicates Limited and is a member of the Investment Committee and the Underwriting Committee. With over 35 years’ experience working in the international insurance and reinsurance sector he holds a number of non-executive positions and has held a number of CEO and senior executive positions, including CEO of the Alea Group, CEO of Overseas Partners Re and President of E.W. Blanch Insurance Services Inc. He has worked with a variety of private equity investors including Apollo Management International LP, CVC Capital Partners, Kohlberg Kravis Roberts (KKR) and Fortress.
Member of the Audit Committee
Charles Franks is Group Chief Executive Officer of Tokio Marine Kiln Group and of its Lloyd’s managing agency, Tokio Marine Kiln Syndicates Limited (formerly R J Kiln & Co) and insurance company Tokio Marine Kiln Insurance Limited. Having joined Kiln in 1993, he became a Director of R J Kiln in 1995 and was appointed Active Underwriter of the Marine division in 2001. He became Chief Executive of R J Kiln In 2007. He is an Executive Officer of Tokio Marine Holdings.
Member of the Nominations Committee
Nicholas Furlonge has worked in the Lloyd’s market since 1972 and co-founded Beazley. He has served on a number of Lloyd’s boards and committees including the Lloyd’s Market Association. He is a Non-Executive Director of Beazley Furlonge Ltd, Chairman of the Lloyd’s Community Programme and a member of the Claims Implementation Board.
Franchise Board Member
Joy Griffiths is Global Managing Director, Decision Analytics and Chairman, Asia Pacific region, Experian. Prior to joining Experian, she worked in financial services for over 30 years and held executive positions across a broad range of functional disciplines with Lloyds Banking Group in the UK, Wells Fargo in the US and Westpac Banking Corporation in Australia.
Claire Ighodaro CBE
Chairman of the Audit Committee
Claire Ighodaro is Audit Committee Chair. She is a Non-Executive Director and Governance Committee Chair of Merrill Lynch International, Non-Executive Director and Audit Committee Chair of Flood Re and a Council Member of the University of Surrey. She has served as Audit Committee Chair of UK Trade and Investment, the British Council, Lending Standards Board, the Shell (Nig) Pension Fund and the Open University and was a Senior Executive at BT plc. She is a past President of CIMA (the Chartered Institute of Management Accountants) and sits on the International Ethics Standards Board for Accountants.
Franchise Board member
Appointed a Director and Chief Financial Officer of Schroders plc in May 2013.
He is a chartered accountant and was a Senior Audit Partner of PricewaterhouseCoopers LLP (PwC) until May 2013. He became a partner of PwC in 1997 and has 25 years’ experience in the audits of global financial services groups. His experience includes time spent in PwC’s New York, Sydney, Edinburgh and London offices.
He became a Director of Safe Harbor in April 2016, and a Director of Lloyds Franchise Board in June 2016.
Former Chief Risk Officer & General Counsel
Sean McGovern joined Lloyd’s in 1996, became a Director in 2002 and Chief Risk Officer in 2014. He is responsible for risk governance and Lloyd’s global legal, regulatory and Government affairs. Sean is a board member of TheCityUK and is also Chairman of its International Trade & Investment Group. In 2011 he was appointed as a member of the US Federal Advisory Committee on Insurance and in 2015 he was appointed as a member of the Terrorism Risk Advisory Committee. He is also a trustee of The Centre for Effective Dispute Resolution (CEDR), which promotes conflict management and dispute resolution.
Chairman of Lloyd's
John Nelson has been Chairman of Lloyd‘s – the world‘s leading market for specialist insurance and reinsurance – since 2011. This follows a long career in banking - he worked for Kleinwort Benson until 1986, before joining Lazard where he ran the corporate finance division, becoming Vice Chairman in 1990 and later at Credit Suisse First Boston Europe where he served as Chairman until retiring from banking in 2002.
Since then, he has held a number board and advisory positions in the retail, communications and financial services sectors. Until 2011, he served as Deputy Chairman of Kingfisher plc, Europe‘s leading home improvement retailer and as Non-Executive Director of BT, Woolwich plc, JP Morgan Cazenove and Cazenove Group.
He stood down as Chairman of real estate company, Hammerson plc in 2013, a position he held since 2005. He remains an advisor to Charterhouse Capital Partners LLP. He is also the Chairman of Chichester Harbour Trust and a Trustee of the National Gallery and chairs its Development Committee.
In 2012, he set out, together with the British Prime Minister David Cameron, a long term Vision for Lloyd’s to expand into the high growth economies. He is a member of the UK Prime Minister’s Business Advisory Group and a member of the international Advisory Panel of the Monetary Authority of Singapore.
Director of Finance
John Parry, Director of Finance, is responsible for the financial reporting of the worldwide Lloyd's insurance market's results and capital adequacy to analysts, investors, regulators and rating agents. Finance also covers Treasury & Investment Management, with over £5bn of funds under management, including the assets of the Central Fund, and the tax affairs of the Corporation and market in the UK and overseas.
John joined Lloyd’s in August 2001 and led Lloyd’s solvency and regulatory reporting requirements and the process for review and agreement of capital requirements for underwriting for the 94 separate businesses in the market.
John has previously worked for a number of Lloyd’s Managing Agents, where he was Finance Director and started his career training as an accountant with LittlejohnFrazer in London. John holds a degree in Mathematics from Brasenose College, Oxford and is married with two children.
Dr Martin Read CBE
Member of the Remuneration Committee
Martin is Chairman of Laird plc, the two Government-owned companies (the Low Carbon Contracts Company and the Electricity Settlements Company) set up to manage contracts and payments under the electricity market reform programme, the Remuneration Consultants Group and the UK Government Senior Salaries Review Body. He was Chief Executive of international IT services company Logica from 1993 to 2007 and has served as a Non-Executive Director on the boards of Invensys, Aegis Group, British Airways, Siemens Holdings, Boots, ASDA and the UK Government Efficiency and Reform Board. He led UK Government reviews on back office operations and IT across the public sector (2009) and management information (2012).