"The new appointment will be effective once Neil MAIDMENT's term of office on the Council of Lloyd's comes to an end on 31 January, and is for an initial term of three years", Lloyd's of London representatives announced in a statement.
Neil MAIDMENT will be retiring from BEAZLEY in December 2018 after a 34 year career within the insurance industry. Most of this time has been spent at BEAZLEY where, during the last decade, he has held the role of Chief Underwriting Officer being responsible for the group's underwriting strategy.
"His appointment to the Board will ensure that his knowledge and experience will be retained for the benefit of the Lloyd's market. Neil will continue serving as a member of Lloyd's Risk Committee, but is stepping down as Chairman of the Lloyd's Market Association (LMA), where he has worked on key strategies including market modernisation and the response to Brexit",.