3 July 2017Insurance

Lloyd’s appoints Hiscox's Childs as deputy chairman

Lloyd’s has appointed Hiscox non-executive chairman Robert Childs to the position of deputy chairman.

Childs takes over from Paul Jardine, who retired from the role earlier this year after nine years on the council.

Childs joins Simon Beale and Andy Haste as deputy chairman of Lloyd’s, the body that is responsible for the management and supervision of the Lloyd’s market.

"This is an excellent appointment both for the Council and the market," chairman Bruce Carnegie-Brown said. "Rob brings with him vast experience of the sector in London, the United States and Bermuda which means he has a keen understanding of the challenges the market faces, but also of its strengths and what Lloyd’s can do to help it thrive and be successful. I look forward to working with him closely over the coming years."

Childs commented: "I'm delighted with this appointment. I look forward to working with Bruce, and welcome the opportunity to bring my 44 years of industry experience to the Council of Lloyd’s."

Childs joined Hiscox in 1986 where he was the active underwriter of their Lloyd’s Syndicate 33 between 1993 and 2005. He also founded their reinsurance company in Bermuda and was chairman of Hiscox USA. Childs was elected to the Council of Lloyd’s as the nominated representative of an external member in 2012.

The council is responsible for ensuring that the Society of Lloyd’s acts in accordance with Lloyd’s Acts 1871 to 1982 and complies with the Financial Services and Markets Act 2000.

Use code "Save20" and to save 20% on selected tickets for  for  Intelligent InsurTECH Europe 2017 - Offer ends July 15th

Today’s stories

The Hanover and Chaucer acquire Australian Lloyd's MGA

ArgoGlobal targets expansion in European MGA market

Compre launches Maltese insurance company for London business

Markel hires Tokio Marine and Travelers execs to expand media offering

Reinsurance rates deteriorate in July renewals due to overcapacity

Lloyd’s broker Price Forbes opens Chile office through acquisition

Brit's former head of claims joins Standard Syndicate 1884

US P&C prices drop while motor rates rise

Unipol reorganises insurance operations

Did you enjoy reading this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
5 October 2017   Specialist re/insurance market Lloyd’s of London said on Oct. 5 that former Morgan Stanley executive Greg Fleming will be standing down from his position on the Lloyd’s Council as a nominated member due to work commitments.
Insurance
13 July 2017   Specialist insurer Hiscox USA has announced two senior executive appointments to its professional risks division, based in the New York office.
Insurance
28 June 2017   Businesses could face a much higher bill than they expect or are prepared for after falling victim to a cyber-attack, according to new research from Lloyd’s, released just after the latest Petya cyber-attack.