Lloyd’s Market Association appoints underwriting director

The Lloyd’s Market Association (LMA) has appointed of Jane Hayes as underwriting director, effective February 2. Hayes will play a key role in working with the Corporation of Lloyd’s, LMA’s members and the market in developing revised underwriting standards as part of defining the modernised syndication model which is a priority of the Future of Lloyd’s, the transformation programme initiated by Lloyd’s CEO John Neal.

Hayes joins from Zurich Insurance where she held various executive-leadership positions during the past 20 years. Most recently she served as chief underwriting officer, Europe, Middle East and Africa, with a strong focus on portfolio and performance management, and responsibility for gross written premium of $12 billion across 17 countries.

LMA chief executive Sheila Cameron said: “Jane’s extensive experience, technical strength, and board-level perspective make her the ideal person to work with Lloyd’s and the LMA on projects critical to the market’s future. I very much look forward to working with her and I’m delighted to welcome her to the team.”

Hayes said: “I am excited to be joining the LMA at such a pivotal time for its members, the managing and members’ agents’ community, and for Lloyd’s. I look forward to working with both to facilitate the success of our marketplace, as well as promoting world-class underwriting excellence across all classes of business.”