Llod’s CEO Inga Beale will step down in October and John Neal is set to take up the reins. His wealth of experience both at Lloyd’s and internationally, including the US, will bring new insights and fresh thinking at a challenging time for the global Insurance Industry. Mr Neal is the formal head of Australia-based Insurer QBE.

QBE has a significant Lloyd’s footprint so Neal is familiar with the requirements of the market.

“For 330 years, the Lloyd’s market has demonstrated its ability to innovate and adapt and i look forward to playing my part to ensure this unique market place remains at the forefront of global commercial corporate and specialty Insurance and reInsurance”.

Lloyd’s Chairman Bruce Carnegie-Brown says Neal’s immediate priority will be to launch a Post-Brexit subsidiary in Brussels to allow Lloyd’s to continue serving its European Customers.

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