Lloyd's appoints Rachel Turk as CUO

30 May 2023 —
Lloyd's of London announced the appointment of Rachel Turk in the new role of Chief Underwriting Officer.

According to the press release, Rachel Turk will report to Lloyd's Chief of Markets, Patrick Tiernan, and "her start date will be announced in due course. She will be responsible for managing the performance of the Lloyd's market, including leading the underwriting function to support the Corporation's strategic goals. Rachel will also be responsible for leading the discussion with all market stakeholders, including insurers, brokers, and customers on their sustainability strategies".

Rachel Turk joins Lloyd's from Beazley PLC where she spent over 14 years in management roles, including her latest position as Group Head of Strategy and Executive Committee member. Before this, she led the US Directors & Officers underwriting team at Beazley. She was formerly an Equity Analyst at JP Morgan Cazenove and is a qualified accountant.

Rachel Turk is a board member of the Lloyd's Market Association (LMA) and the London Market Group (LMG).