Tysers Insurance Brokers appoints ex-Lloyd’s of London non-exec as chair

Lloyd’s broker Tysers Insurance Brokers has appointed former Lloyd’s of London non-executive director Andrew Kendrick as its non-executive chair, effective from 1 December 2022.

The broker’s current chair, Peter Haynes, will remain in position until regulatory approval for Kendrick’s appointment has been issued. At this point, Haynes will retire.

Kendrick has more than 40 years of insurance industry experience across the UK, Europe and Bermuda.

During his career, Kendrick has undertaken leadership roles at insurer Chubb – such as president and chairman of Chubb European Group - and broker Ace, as well as completed senior underwriting positions at Ockham Underwriting.

More recently, he has worked as a non-executive director for organisations such as Lloyd’s of London, the Lloyd’s Market Association and the Russian National Reinsurance Co.

Speaking on the appointment, Mike Emmett, director of Tysers Insurance Brokers and chief executive of the broker’s parent company AUB Group, said: “I am delighted to welcome Andrew to the board of Tysers.

“Andrew is a highly regarded leader in the Lloyd’s, London market and European insurance industry and brings strong knowledge, expertise and relationships in the London wholesale insurance market.

“His industry experience and understanding of the regulatory environment is highly valued and will add further depth to the Tysers board. I congratulate Andrew on his appointment and look forward to his contribution.”

Developing the ‘next chapter’

Clive Buesnel, chief executive of Tysers Insurance Brokers, added: “I have known Andrew for many years and [have] always valued his experience and insights into the insurance world at a very senior level.

“I am very much looking forward to working closely with Andrew as our chair as we develop the next chapter of Tysers as part of the AUB Group.

“Andrew’s deep insight into underwriting and carriers, along with his natural focus on the customer and extensive experience of operating at board level, will be invaluable.

“I would also like to thank Peter Haynes, who will retire from the role of chairman of Tysers once the handover to Andrew is complete.

“Peter has been chairman since 2018 and has played a significant role in supporting the company through many changes, including the recent sale of the business to AUB Group.”

AUB Group completed its purchase of Tysers Insurance Brokers in September 2022 – the deal was first announced in May this year.