13 September 2021
LMA board appointments add “wealth of expertise”
The Lloyd’s Market Association (LMA) today announces it has appointed six new board members.
Each brings deep expertise across a broad range of disciplines, supporting the market in areas such as digital trading, underwriting leadership, strategy, corporate development, data analysis and syndicate management.
The new board members are Hugh Brennan, CEO, RenaissanceRe Syndicate Management; Dominick Hoare, Group CUO, Munich Re Syndicate; Kate Markham, CEO, London Market, Hiscox; Chris Smelt, Executive Director, Managing Agency Partners; Rachel Turk, Head of Corporate Development, Beazley and Sarah Willmont, Joint Active Underwriter, Canopius.
Following these appointments, the number of female LMA board members has almost doubled to seven, bringing the LMA nearer to realising its ambition, set out in May this year, for at least 30% of its board members to be female and/or from an ethnic minority by the end of 2023.
LMA Chief Executive Sheila Cameron said: “It gives me great pleasure to welcome our highly-regarded and exceptionally capable new members, who bring a wealth of expertise that will be invaluable to the LMA and the wider market.
“We are also delighted that, with these appointments, the LMA is closing in on its diversity target, with more than a quarter of our board now made up of women. Today’s announcement marks a further important step toward achieving a diverse board, in support of broader efforts to attain greater diversity at a market level, and we remain determined to reach our target by the end of 2023.”
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Notes to Editors
Media relations contacts
James Milne, Communications Director, LMA
Tel: 07584 515662; Email: email@example.com
Richard Adams, Haggie Partners
Tel: 020 7562 4444; Email: firstname.lastname@example.org
About the Lloyd’s Market Association (LMA)
TThe Lloyd's Market Association (LMA) exists at the very heart of Lloyd's, a world-leading global marketplace for complex risk where solutions to challenges are delivered every day. All 51 Lloyd's managing agencies, who write approximately £36 billion of premium per annum, and all Lloyd's members agents, are members of the LMA.
We represent our members' interests to organisations including governments, regulators, and the market's central supporting body, the Corporation of Lloyd's. We provide professional and technical expertise in areas ranging from model policy wordings to the implementation of innovative technologies. We connect with our members to identify and resolve issues facing the market, and work in partnership with Lloyd's and the other market associations to influence initiatives and outcomes. We operate the market's most comprehensive technical education service, the LMA Academy. For more information visit: www.lmalloyds.com: www.lmalloyds.com.