Council of Lloyd's

Learn about the Council of Lloyd's - the body responsible for the supervision of the Lloyd's Market.

Jeffery Barratt

Representative of Nameco (No 1249)  Limited (External member)

Jeffery Barratt

Jeffery Barratt is a Lawyer and has been a member of Lloyd’s since 1987. He has been a Board member of the ALM since May 2016. He was a Partner at city law firm Norton Rose Fulbright for many years specialising in project finance and financial law and held a number of management positions within the firm. He has been heavily involved in promoting the City’s interests for a number of years and chaired TCUK Infrastructure and Energy Executive Board from 2013 to 2017, is a Non-Executive Director of the International Project Finance Association and sits on the London Council and the International Advisory Group of the CBI. He was Chairman of the Cook Society in 2015 and 2016 and is now Deputy Chairman. He actively supports a number of children’s charities including the Dyspraxia Foundation, Snow-Camp, Beanstalk, Wooden Spoon and the Change Foundation.

Inga Beale DBE

Chief Executive Officer (Nominated Member)

Inga Beale

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 a member of the UK Government’s Financial Services Trade and Investment Board and the London Mayor’s Business Advisory Board. In July 2016 she also joined the Board of the UK Chartered Insurance Institute.

Simon Beale

Deputy Chairman of Lloyd's (Working Member)
Member of the Nominations Committee

Simon Beale

Simon Beale is the Chief Underwriting Officer of MS Amlin, an Executive Director of the MS Amlin Plc board and Non-Executive Director of MS Amlin Underwriting Limited the managing agency for Syndicate 2001 of which he was joint active underwriter until 2012. He has worked in the Lloyd’s Market since 1984 and has served on various Lloyd’s underwriting committees including the Lloyd’s Market Association Board.

Andrew Brooks

(Working member)

Andrew Brooks

Andrew Brooks has been Chief Executive Officer of Ascot Underwriting Limited since 2008 and a member of the Board since 2004. He joined Ascot at its inception in 2001 and was promoted to Chief Underwriting Officer in 2005. He has worked in the Lloyd’s Market since 1983 and is currently a member of the Lloyd’s Market Association and London Market Group Boards. He also served on the Lloyd’s Claims Implementation Board.

Bruce Carnegie-Brown

Chairman of Lloyd's
Chairman of the Nominations Committee
Member of the Remuneration Committee

Bruce Carnegie-Brown

 

Bruce Carnegie-Brown became Chairman of Lloyd’s in June 2017. He has over thirty-five years of experience across the financial services industry and is currently also Chairman of Moneysupermarket Group and a Vice-Chairman of Banco Santander. He was Chief Executive for Marsh UK and Europe between 2003 and 2006, Senior Independent Director at the Catlin Group Ltd from 2010-2014, Non-Executive Chairman of Aon UK Ltd from 2012 to 2015, and a Non-Executive Director of JLT Group plc from 2016 to 2017.

He previously worked at JP Morgan for 18 years across a number of senior roles, ran 3i Group plc's Quoted Private Equity Division from 2007 and was a Senior Independent Director at Close Brothers Group plc from 2006-2014.

Robert Childs

Deputy Chairman of Lloyd's
Representative of Hiscox Dedicated Corporate Member Limited
(External Member)

Robert Childs

Robert Childs is the Non-Executive Chairman of Hiscox. He was Chairman of the Lloyd’s Market Association from January 2003 to May 2005 and former Chairman of the Advisory Board of the School of Management of Royal Holloway University. He is currently a Trustee of Enham (a charity for the disabled) and Chairman of The Bermuda Society.

Dominic Christian

(Working member)

Dominic Christian

Dominic Christian is the Executive Chairman of Aon Benfield International. He is also the Chief Executive Officer of Aon UK Limited. He sits on Aon Group’s Executive Committee. Previously he served as co-Chief Executive Officer of Aon Benfield and prior to this as a Group Board Director of Benfield Group plc, CEO of its International Division and of Benfield Limited. He has nearly 32 years of experience as a Lloyd’s Broker. He is also the Chairman of the Lloyd’s Tercentenary Research Foundation and a Director of The Bermuda Society and the Juvenile Diabetes Research Foundation. He chairs the University of East Anglia’s Campaign Advisory Board. He was the President of the Insurance Institute of London in 2015–2016.

Matthew Fosh

Representative of Novae Corporate Underwriting Limited
(External member)

Matthew Fosh

Matthew Fosh is the Chief Executive Officer of Novae Group plc, which he joined in 2002. He previously worked in the equity markets with Strauss Turnbull and Sheppards during the 1980s, before moving to the Futures & Options markets in 1989 where he co-founded a derivative trading business, Seagray Fosh Futures Ltd. He subsequently sold the business in 2002 to ICAP plc, before joining Novae Group. He was also a Non-Executive Director of Ariscom Compagnia di Assicurazioni S.p.A, until stepping down as a Director in April 2016.

Karen Green

Member of the Remuneration Committee
Member of the Risk Committee
(Working Member)

Karen Green

Karen Green is the Chief Executive Officer of Aspen UK which includes Aspen Managing Agency Limited, the managing agency of Aspen’s Lloyd’s Syndicate 4711. She also performs a number of other roles within the Aspen Group. She had previously worked as a Principal with the global private equity firm MMC Capital Inc (now Stone Point Capital). Before this, she was a Director at GE Capital in London, co-running the business development team responsible for mergers and acquisitions in Europe. She started her career as an Investment Banker with Baring Brothers and then Schroders. She is a Trustee of the Lloyd’s Charities Trust. She also chairs the Development Council for the Almeida Theatre Company and previously chaired the Advisory Council for Almeida Projects, the theatre’s educational outreach programme.

Andy Haste

Senior Independent Deputy Chairman of Lloyd's (Nominated member)
Member of the Nominations Committee
Chairman of the Remuneration Committee

Andy Haste

Andy Haste is Chairman of Wonga Group. He is also Senior Independent Director of ITV, and is a member of both its Audit and Nomination Committees. He chaired ITV’s Remuneration Committee from 2010-2017.  Since 2012 Andy has also been Senior Independent Deputy Chairman of Lloyd’s, where he chairs its Remuneration Committee, Investment Committee and Capacity Transfer Panel.

His previous roles include Group Chief Executive of RSA, the FTSE 100 insurer, Chief Executive of AXA Sun Life and Director of AXA UK (life and pensions), President and Chief Executive Officer of Global Consumer Finance Europe at GE Capital UK, Western Europe and Eastern Europe (consumer financial services) and President and CEO of National Westminster Bank’s US Consumer Credit Business (retail banking).

Andy was also a member of the Board of the Association of British Insurers from 2003 to 2011. He is one of the leading practitioners from business, the media and other organisations who assist with research, programmes and events at the Oxford University Centre for Corporate Reputation.

 

 

Dominick Hoare

Representative of Munich Re Capital Limited (external member)

Dominick HoareDominick Hoare is the Chief Underwriting Officer of Munich Re Syndicate Limited, and is also an Executive Director of both Munich Re Speciality Group Limited and Munich Re Capital Limited.  He also holds various Non-Executive Directorships of subsidiary companies of Munich Re Speciality Group Limited.  He has worked in the Lloyd's Market since 1985 and has served on various Lloyd's underwriting committees including the Lloyd’s Market Association Board.

Julian James

(Working member)

Julian James

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 Vice President of the Insurance Institute of London and a past President of the Chartered Insurance Institute.

Neil Maidment

(Working member)
Member of the Risk Committee

Neil Maidment

Neil Maidment has worked in the Lloyd’s market for 33 years. He is Chief Underwriting Officer of Beazley plc and Active Underwriter for its six Lloyd’s syndicates. He 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.

Sir David Manning GCMG KCVO

(Nominated member)
Member of the Nominations Committee

Sir David Manning

Sir David Manning retired from the Diplomatic Service in 2007 after four years as Ambassador to the United States. He is a Director of Gatehouse Advisory Partners. He is Chair of the Advisory Board of IDEAS at the London School of Economics; and of Macquarie's Infrastructure and Real Estate Advisory Board. He is on the Panel of Senior Advisers at the Royal Institute of International Affairs, Chatham House; and a member of the Advisory Board of British American Business. He is President of Step Together.

Philip Swatman

Representative of Nomina No 115 LLP
(External member)
Member of the Audit Committee
Member of the Remuneration Committee

Philip Swatman

Philip Swatman is a Chartered Accountant and has been a Member of Lloyd’s since 1987. He worked for NM Rothschild for 29 years becoming co-head of Investment Banking and retiring as a Vice-Chairman in 2008. He was formerly Chairman of Merlin Reputation Management Ltd and a Non-Executive Director of Investec Structured Products Calculus VCT plc, Mytrah Energy and New England Seafood International. He is currently Chairman of Cambria Automobiles plc and Wyvern Partners.

Michael Watson

Representative of Flectat Limited (External member)
Member of the Audit Committee

Michael Watson

Michael Watson is Executive Chairman of Sompo Canopius AG, a global specialty re(insurance) business owned by Sompo Holdings of Japan with its principal operations at Lloyd’s. Michael led the management buy-out of Canopius in 2003. He has over 35 years’ experience in commercial and investment banking, trade finance, stock broking, life and non-life insurance, gained in London, Bermuda and New York. He is a Chartered Accountant and serves on the Board of the Lloyd’s Market Association and Weston Insurance Holdings Corporation.


Terms of Reference

Lloyd's Terms of Reference Outlines the delegation of authority at Lloyd's and functions of the Council, Board, committees and Executive.

Lloyd's Terms of Reference

Internal Audit Charter

Lloyd's Internal Audit Charter

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