Lord Peter Levene, former chairman of Lloyd’s of London, has been appointed a director and vice chairman of the global insurance firm Starr International Co. Inc., Starr Chairman and Managing Director Maurice R. Greenberg announced.
Levene will support Starr’s position as a major insurer in London as well as further develop Starr’s insurance and other portfolio interests around the world, the company said.
Levene served as chairman of the Lloyd’s insurance market for nine years. He is recognized for expanding the organization into China and other markets around the world.
He has held a number of high-profile roles including Lord Mayor of the City of London, Chief of Defence Procurement in the Ministry of Defence, Advisor on efficiency to the Prime Minister, vice chairman of Deutsche Bank AG London, chairman of General Dynamics UK Ltd and a board member of TOTAL s.a and China Construction Bank.
Greenberg said he believes Levene did a “truly outstanding” job at Lloyd’s. “Under his leadership, Lloyd’s prospered in the London market as well as gained admission in a number of important markets throughout the world. I am delighted that he has joined our company,” Greenberg said.
Source: Starr International