Franchise Board

Learn about Lloyd's Franchise Board which is responsible for the management of the Lloyd's Market.

Inga Beale DBE

Chief Executive Officer

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.

Sir Andrew Cahn KCMG

Member of the Risk Committee

Sir Andrew Cahn

Sir Andrew Cahn is a Non-Executive Director at Nomura International plc and General Dynamics (UK). He is also a Non-Executive Director of Huawei Technologies (UK) and chairs its Audit Committee. He is Chair of WWF (UK) and on the International Board of WWF as well as Chairman of the Global Audit Committee. He is also a Trustee of the Gatsby Foundation, the Arvon Foundation and the Institute for Government. Until 2011 he was CEO of UK Trade and Investment.

Bruce Carnegie-Brown

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

Bruce Carnegie-BrownBruce Carnegie-Brown was confirmed as the Chairman of Lloyd’s by the Council of Lloyd’s in February 2017. He has over thirty-five years of experience across the financial services and is currently 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 has been a Non-Executive Director of JLT Group plc since 2016.  


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.
 

Mark Cloutier

Member of the Audit Committee
Member of the Nominations Committee

Mark Cloutier

Mark Cloutier was appointed Chief Executive Officer of the Brit Group in October 2011. On 1 January 2017 he was appointed Executive Chairman of Brit Group. He serves on the Board of Brit Ltd and is a Member of the Investment Committee and the Executive Committee. With over 35 years of 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 in partnership with a number of leading private equity and institutional investors including KKR, Fortress Investment Group, Apollo LP, CVC, Ontario Municipal Employees Retirement Services and Texas Teachers Retirement Services. 

Charles Franks

Member of the Audit Committee
Member of the Nominations Committee
Member of the Risk Committee

Charles Franks

Charles Franks is Group Chief Executive Officer of Tokio Marine Kiln Group and of its Lloyd’s managing agency, Tokio Marine Kiln Syndicates Limited 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. 

Jon Hancock

Performance Management Director

Jon Hancock

Jon Hancock joined Lloyd’s as Performance Management Director in December 2016 where he has responsibility for performance management, capital setting and risk management in the Market. He joined Lloyd’s from RSA where he had enjoyed a career of over 25 years with the insurance company, starting as a Marine underwriter in their Liverpool office. Working across UK Regions, the London market as well as many years overseas, he has held a variety of Chief Underwriter and Risk roles in both developed and emerging markets prior to becoming Chief Executive Officer for their Asia & Middle East businesses. His most recent role was Managing Director of the UK Commercial and European Specialty Lines businesses and Global Relationship Director for the RSA Group.

Patricia Jackson

Member of the Risk Committee

Patricia JacksonPatricia is a non-executive director and chair of the risk committee at the digital challenger bank Atom and at BGL,  which owns Compare the Market. She is a former partner of EY where she led the risk governance and financial regulation practice across EMEA. Until end 2004, she was a senior official at the Bank of England and head of the Financial Industry and Regulation Division.

Richard Keers

Chairman of the Audit Committee

Richard Keers

Richard Keers was 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.

John Parry

Chief Financial Officer

John Parry

John Parry, Chief Financial Officer, is responsible for the financial reporting of the Market’s results and capital adequacy. Finance also covers treasury & investment management and the tax affairs of the Corporation and Market in the UK and overseas. He joined Lloyd’s in August 2001 and previously led Lloyd’s solvency and regulatory reporting requirements and the process for review and agreement of capital requirements for each business in the Lloyd’s Market.

Richard Pryce

Member of the Remuneration Committee

Richard Pryce

Richard Pryce, Chief Executive Officer, joined QBE European Operations as Deputy CEO in 2012 and became CEO the following year. He has worked in the London insurance market for more than 30 years, including holding several roles at ACE, where he became President of ACE Global Markets in 2003, assuming the additional responsibility for the UK business in 2007.

Dr Martin Read CBE

Member of the Audit Committee
Member of the Remuneration Committee

Dr Martin Read CBE

Martin Read is Chairman of Laird plc, the two government-owned companies (the Low Carbon Contracts Company and the Electricity Settlements Company) which 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).


Terms of Reference

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

Lloyd's Terms of Reference

Internal Audit Charter

Lloyd's Internal Audit Charter

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