- Andrew Brooks takes up the Deputy Chair position vacated by Dominic Christian
- An elected Council member since 2017, Andrew brings a wealth of Lloyd’s experience to the role
- Andrew’s appointment is effective as of 9 February 2023.
Lloyd’s, the world’s leading marketplace for commercial, corporate and specialty risk solutions, is pleased to announce Andrew Brooks as the new Deputy Chair of the Council of Lloyd’s.
Until recently, Andrew Brooks was Chief Executive Officer of Ascot Underwriting Ltd - a position he held for 15 years - and was also an active member of the Ascot Board from 2004-2023.
Andrew joined Ascot at its inception in 2001 and was promoted to Chief Underwriting Officer in 2005. He is also a Non-Executive Director of Azur Underwriting Ltd. He has worked in the Lloyd’s Market since 1983 and is currently a member of the London Market Group Board and Chairman of the Lloyd’s Market Association. He is ACII qualified and will serve on the Lloyd’s Claims Implementation Board as well as Nominations & Governance Committee.
“With nearly 40 years of experience in the Lloyd’s Market and over five years serving on Lloyd’s Council, I am delighted that Andrew has accepted my invitation to become Deputy Chair. I look forward to continuing our work together on the Council, delivering against our performance, digitalisation, sustainability and cultural goals during an important period for both Lloyd’s and the wider insurance industry.”Bruce Carnegie-Brown, Lloyd’s Chairman
“My time both within the Market and on Lloyd’s Council has been immensely rewarding so far. Through my work at Ascot, I’ve been lucky enough to play a part in cementing Lloyd’s as the global destination for specialty insurance and look forward to continuing to ensure it remains a hub of expertise for the future.Andrew Brooks, Deputy Chair of Lloyd’s Council
My priorities as Deputy Chair will be to further develop Lloyd’s strategic priorities, which will enhance value for all stakeholders, and I’m excited to get started.”
Notes to Editors
- The Council of Lloyd’s comprises 15 members split between 6 elected members (3 working and 3 external), 3 executives (CEO, CFO, Chief of Markets) and 6 nominated members.
- Nominated members of Council are Lloyd’s equivalent to Independent Non-Executive Directors.
- Members of Council serve for three year terms, renewable up to a total of 9 years (in line with wider governance best practice)
- Blueprint Two sets out a comprehensive strategy to deliver profound change in the Lloyd’s market through digitalisation, making Lloyd’s a cheaper, faster and more efficient place to do business. Following publication of the Blueprint Two roadmap in January 2022, which outlined market milestones until Q2 2024, significant progress has been made on key deliverables in open market placement, delegated authority placement, claims and digital processing services.
- More news and information available from lloyds.com
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Lloyd’s is the world’s leading marketplace for commercial, corporate and specialty risk solutions. Through the collective intelligence and expertise of the market’s underwriters and brokers, we’re sharing risk to create a braver world.
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