Lloyd’s have confirmed the election of three new members to the Council of Lloyd’s. Julian James and Neil Maidment were elected following a vote of working members of the Society of Lloyd’s and will serve a three year term. Philip Swatman was elected unopposed from the individual external members of the society.
They will replace Rupert Atkin, Chrishopher Harman and Alan Lovell, respectively, whose terms of office expired at the end of January this year, having served the full nine years permitted on the council.
As a result, Rupert Atkin is also stepping down from his role as deputy chairman with Simon Beale appointed as his successor.
Julian James is president, Global Markets, for Allied World Assurance Co. and the CEO of Allied World Managing Agency Ltd. He has worked around the Lloyd’s market since 1981 after starting his insurance career at Sedgwick (one of the former companies of Marsh & McLennan). Prior to joining Allied World, he was CEO of Lockton International and a director of the Corporation of Lloyd’s. James is a past president of the Chartered Insurance Institute and serves as a member of council for The Insurance Institute of London.
Neil Maidment has worked in the Lloyd’s market for 31 years. He is chief underwriting officer of Beazley plc and active underwriter for its six Lloyd’s syndicates. Maidment is a director of Beazley Furlonge Ltd., the group’s Lloyd’s managing agency, and a director of Beazley plc. In 2011 he was elected to the board of the Lloyd’s Market Association and was appointed LMA chairman in November 2015. (His election to the council was announced by Beazley in January.)
Philip Swatman is a chartered accountant and has been a member of Lloyd’s since 1987. He worked for NM Rothschild for 29 years, becoming co-head of investment banking and retiring as a vice-chairman in 2008. He is or has been a non-executive director or chairman of nine companies.
“On behalf of the council, I would like to thank Rupert, Christopher and Alan for their dedication and hard work as members of the council. They have made invaluable contributions to the continued success of Lloyd’s,” said John Nelson, council chairman.
“I am looking forward to working with Philip, Julian and Neil. They will bring real insight vital to the council’s deliberations,” he added.