The new appointee has set his sights on developing the marketplace’s strategic priorities
Lloyd’s has appointed Andrew Brooks to the position of deputy chair for the Council of Lloyd’s.
Brooks said he was determined to build on the progress the market has already made to retain its position in the global risk market.
He replaces former deputy chair Dominic Christian, who stepped down on 31 January after nine years on the board.
Until recently, Brooks was chief executive of Ascot Underwriting – a position he held for 15 years.
Brooks is currently, and will remain, chairman of the Lloyd’s Market Association (LMA) and is a member of the board of the London Market Group.
He joined Ascot at its inception in 2001 and was promoted to chief underwriting officer in 2005.
The new appointee is also a non-executive director of Azur Underwriting and has worked in the Lloyd’s Market since 1983. As part of his new role, he will serve on the Lloyd’s Claims Implementation Board and the Nominations and Governance Committee.
Immensely rewarding
“My time both within the market and on the Lloyd’s council has been immensely rewarding so far,” Brooks said.
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“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.
“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.”
Congratulations
The announcement prompted congratulations from across the market.
Lloyd’s chairman Bruce Carnegie-Brown said: “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.”
LMA chief executive Sheila Cameron added: “We would like to congratulate Andrew Brooks on his appointment as deputy chair of Lloyd’s, a prestigious role and one for which he is an outstanding choice.
“Andrew has been and continues to be a phenomenal chairman of the LMA and he will similarly be an excellent ambassador for Lloyd’s in his role as deputy chair. His passion for the Lloyd’s marketplace and the depth of his underwriting expertise is simply peerless.”
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