Lloyd's Notice of Election September 2021

NOTICE IS HEREBY GIVEN that the term of office of the following elected member of the Council of Lloyd’s will expire on 31 January 2022:

C-external member: CANOPIUS CORPORATE CAPITAL LTD

(Represented by MICHAEL WATSON)

In accordance with the Constitutional Arrangements Byelaw (No. 2 of 2010) (“the Byelaw”), the Council has set a ballot date of 27 October 2021 to elect one C-external member of the Council.  The allocation of seats between working members, individual external members and C-external members on the Council is determined in accordance with paragraph 2.1 of the Byelaw.

The term of office for this C-external seat shall commence on 1 February 2022 and shall be for three years unless terminated earlier in accordance with paragraph 5.28 of the Byelaw.    

Eligibility

The Byelaw permits service on Council of up to 9 years in aggregate (in any non-executive capacity and including any time served on the former Franchise Board) after which a three-year break is required. 

The Byelaw limits the eligibility of “connected” members sitting on the Council at the same time.  As a consequence, additional vacancies may arise when the results of the election are known.  In that event the additional vacancies will be filled by the candidates with the next highest number of votes in the relevant constituency and the term of office will be for the unexpired term of office of the member resigning.

How to stand for election

The member of the Council will be elected from among the C-external members of the Society by ballot of those C-external and individual external members of the Society whose names are shown on the date of this notice in Part I or Part II of the Register as appropriately referred to in Schedule 1 of Lloyd's Act 1982 and who have not ceased to be members before the date of the ballot.  Under the Byelaw only those members whose names are shown on the relevant Part of the Register on the nominations date (15 September 2021) are entitled to nominate candidates.

If you wish to stand for election your completed nomination form must be received by the appointed scrutineers, Civica Election Services, by 1.00pm on 15 September 2021.  To submit your nomination online visit www.cesvotes.com/LloydsCouncilNoms2021.  Please type the URL directly into your browser URL bar.

To log in you will require the two-part Security Code which has been sent to you separately.

Alternatively, you can download the nomination form from www.cesvotes.com/LloydsCouncilNoms2021.

Valid nomination forms must be received by the appointed scrutineers, Civica Election Services, via Civica’s nomination submission webpage or via e-mail (nominations@cesvotes.com) not later than 1.00pm on 15 September 2021. 

By order of the Council

Peter Spires

General Counsel & Secretary to the Council

1 September 2021