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About us

History

1829

Lloyd’s Benevolent Fund is founded

Lloyd’s Benevolent Fund is founded. The first year’s contributions amount to £48.

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1832

First full set of rules drawn up

The first full set of rules were drawn up and the objectives stated “those who may be reduced to distress by unavoidable misfortune and who by their uniform good conduct and respectable character shall be deemed worthy of such relief” rings just as true today as it has ever done.

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1889

Ten year standing rule removed

The 10 year standing rule was removed and discretionary power was given to “assist in deserving cases”.

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1922

Extension of objectives

The objectives were extended for the benefit of “staff and dependants” in “necessitous circumstances”.

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1961

The Fund becomes a registered charity

From its small beginning the Fund thrived and became a registered Charity under the Charities Act.

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1966

Eligibility update

It was agreed that Corporation staff should become eligible for assistance.

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1989

Subscriptions from Members of Lloyd’s ceased

The Fund has not received subscriptions from Members of Lloyd’s since 1989 and relies on its investment income and donations to carry on providing financial support.

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The Fund is here to help and assist all those in need, but can only function if such persons come forward or are made known to the Fund by family, friends or work colleagues.

Trustees

Richard Ohlson, Chair

Richard started in the Lloyd’s market in 1975. He joined the Underwriter MS Amlin in 2009 after a number of years working for three different Lloyd’s brokers: Sedgwick (now part of Marsh), Miller and First City (now part of Arthur J. Gallagher). He became a trustee in 2016. Richard became Chair of the Lloyd’s Benevolent Fund in 2022.

Andrew Groom, Deputy Chair

Andrew started as a broker in Lloyd’s in 1985 with Sedgwick/Price Forbes moving on to Thompson in 1990. He crossed to underwriting in 1994 and subsequently helped to establish Managing Agency Partners in 2000 where he remains an Underwriting Partner. Andrew became a trustee in 2019.

Vernon Ashford

Vernon’s association with Lloyd’s started in the 1960’s both auditing and preparing the accounts for Syndicates and Members’ and Managing Agents and subsequently becoming a Director, Finance Director and Compliance Officer of several Members’ and Managing Agents as well as a Name on over twenty Syndicates. He is involved in various Clubs and Associations in the City including as the Treasurer of the Three Rooms Club and became a trustee in 2018.

Mark Aylward

Mark started his Lloyd’s Insurance career in 1999 at the brokers FirstCity Insurance Brokers. After six years at the company, that included a year-long secondment to the USA, Mark then moved to join Tysers in 2005. Since being there, Mark has become a Director of the North American and International Property Team. He became a trustee in 2018.

James Cooper

James started his career as a Lloyd’s broker, working at Heath Lambert and Alexander Forbes in the noughties. Since then he has built a career as an Executive Search Consultant (headhunter) working with Lloyd’s MAs, Company Markets and Brokers. James founded and now runs Damhurst & Co, a leadership and insurance specialist headhunting business based in London.

Sally Coryn

Sally started her career in Lloyd’s in 1983 and has held Executive and Board-level roles in several Lloyd’s managing and members agencies, as well as a senior role in Lloyd’s, where she formed its Investor Relations function. Sally became a trustee in 2018.

Graham Findlay

Graham spent his career in Lloyd’s as a broker with Marsh and then since 2001 with Price Forbes and Partners Ltd where he served as a Managing Director with board responsibility for the marine business. He has previously served as a trustee of the Lloyd’s Patriotic Fund. He became a trustee in 2015 becoming Deputy Chair in 2018 and Chair from 2019 - 2022.

Ajay Gupta

Ajay has worked in the London and Lloyd’s insurance market for over 30 years. He currently provides consultancy and advisory services to the (re)insurance market having previously been the Chief Underwriting Officer of a Lloyd’s Managing Agency. He has served on the LMA Academy and Strategy committees working across the Lloyd’s market and is a Freeman and Liveryman of the Worshipful Company of Insurers.

Roger Sedgwick Rough

Roger began his career in Lloyd’s in 1971 at CT Bowring. He became a director of Bowring Aviation and subsequently Non Marine Treaty Reinsurance specialising in Spanish speaking areas. In 1985 he became a director of Bowring Members’ Agency and in 1994 he joined Wellington Member’s Agency as a director. In 2005 Roger joined Hampden Private Capital now Hampden Agencies Ltd. He has been a trustee since 2017.

Secretary: Debbie Whetstone

Debbie has had a variety of roles in both the public and private sectors over the course of her career. She spent the first 15 years of her working life at the Foreign & Commonwealth Office, which included postings overseas. She then joined a London Property Development and Investment company, where she worked until 2018, and more recently worked for the Department for Work and Pensions. Debbie joined the Lloyd's Benevolent Fund in September 2021 and as with her predecessors, her principal responsibility is to understand and translate the needs of potential beneficiaries for the Trustees' consideration and nurture a trusting relationship with our beneficiaries.

Links

The Insurance Charities

The charity for the UK and Irish insurance industry, providing support for current and former insurance employees and their dependants since 1902. 

Stroke Association

The UK’s leading stroke charity, delivering stroke services across the UK, campaigning for better stroke care, investing in research and fundraising to reach as many stroke survivors as possible.

Shelter

Helping millions of people every year struggling with bad housing or homelessness through advice, support and legal services. 

The Silver Line

Confidential, free helpline to protect and support older people across the UK, offering information, friendship and advice, linking callers to local groups and services and provide regular friendship calls.