Major leadership shift at Lloyd’s as veteran exits; eyes Americas expansion
Lloyd’s has appointed its commercial director Dawn Miller as chief commercial officer of Lloyd’s and CEO of Lloyd’s Americas, with Hank Watkins exiting the corporation after 15 years.
Miller (pictured left) will be based in New York, with effect from September 1. In her expanded role as chief commercial officer, Miller will continue to lead the commercial directorate, retaining accountability for Lloyd’s Global Network. She will remain a member of Lloyd’s Executive Committee.
As CEO of Lloyd’s Americas, Miller will be responsible for fostering key relationships and driving strategic and sustainable growth in the region – alongside building greater alignment with Bermuda.
After 15 years at Lloyd’s, Watkins (pictured right), regional director & president of Lloyd's Americas, will be leaving Lloyd’s to pursue other opportunities at the end of this year. Watkins has been instrumental in helping customers and stakeholders in the region navigate new risks and solutions, the corporation said.
Marc Lipman (pictured centre) has been appointed president of Lloyd's Americas, based in Canada, effective from September 1. Lipman joined Lloyd’s as the Attorney in Fact and president of Lloyd’s Canada in June 2020.
John Neal, Lloyd’s CEO said: “The Americas represents over 60% of our market’s total premium and as we look to increase our presence, it is vital that we have the right people on the ground to deliver our ambitions. The appointment of Dawn and Marc to their new roles will strengthen our position to offer current and new stakeholders the best underwriting and investment platform in the world. I would like to thank Hank for his invaluable work over the last 15 years at Lloyd’s.”
Miller commented: “As we look at how our commercial strategy can support the market’s profitable growth over the next two years, these changes to the way we’re structured in the Americas allow us to broaden the scope of our offering. We will be able to provide greater support to our large network of stakeholders and market participants based on the region and drive forward our global distribution strategy.”
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