February 22, 2024

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Lloyd’s of London provides in key title as initial-ever marketplaces main

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Lloyd’s of London brings in major name as first-ever markets chief

Aviva Plc’s Patrick Tiernan is moving to Lloyd’s of London to acquire on a newly created function.

Tiernan, who chairs the Intercontinental Underwriting Association and serves as controlling director of British isles business strains and world-wide company & speciality at Aviva, has been named chief of marketplaces at Lloyd’s. As marketplaces main, he will be in cost of overseeing industry efficiency and distribution.

Commenting on the appointment, a “thrilled” John Neal explained: “As a hugely regarded market government with leadership working experience throughout business enterprise and money management, Patrick joins Lloyd’s at an enjoyable time.”

The new chief of markets brings 24 yrs of coverage marketplace experience to the publish. This features time put in at Starstone Insurance plan and Zurich.

“Our overarching priorities of efficiency, digitalization, culture, with each other with a new ‘purpose’ pillar, are paramount and travel all the things we do in the corporation and across the market place,” mentioned Neal, Lloyd’s main govt.

“Patrick will progress these priorities to produce the effect and results we need to have proper throughout the sector from shopper and distribution, by to underwriting company and oversight.”

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