Cunningham Lindsey hires former Lloyd’s chair Ward
Cunningham Lindsey has appointed Richard Ward as executive chairman of the board and Jane Tutoki as chief executive officer (CEO).
The appointment of Tutoki is part of a planned succession, and as part of the transition, president and CEO Philippe Bes will remain at the company as president through August 31, 2014, after which he will retire. Following his retirement, he will serve as a senior advisor to the company.
Tutoki joins from AIG property and casualty, where she served as global head of claims operations since 2012. Previously, she worked as both head of Americas region and executive director of global insurance for Xchanging.
Ward served as CEO of Lloyd’s of London from 2006 to 2013. Previously, he served as CEO and chairman at the International Petroleum Exchange (IPE), which was rebranded as ICE Futures, and held various senior positions at BP. He currently serves as chairman of Brit and as a non-executive director of Partnership Assurance Group.
“I am delighted to welcome these two world class industry leaders,” said Bes. “Richard and Jane bring unsurpassed experience in, and a deep understanding of, the insurance industry and are well-suited to guide the company in its next phase of growth. I look forward to working with them and our group executive committee in the coming months to ensure a seamless transition as we continue to deliver the highest quality claims services to our clients.”
Tutoki said: “Cunningham Lindsey has a stellar track record of success in claims management, with an unparalleled global network and a diverse range of services, and I am excited to join such a talented team. I look forward to partnering with Richard and the leadership team to position the company for long-term growth and success.”
Ward added: “Cunningham Lindsey is the global market leader in the claims management industry, and I’m thrilled to join Jane and the rest of the management team in providing the leading solutions for our clients.”
Kamil Salame, current chairman of the board of Cunningham Lindsey, added: “We are delighted to welcome Richard and Jane to Cunningham Lindsey. Their arrival is an endorsement of the strength and uniquely global breadth of the Cunningham Lindsey franchise, and we are confident their vast industry experience will position us for further growth. We thank Philippe for his many years of successful leadership as president and CEO, during which the company has expanded its position as the global leader in the claims management industry.”
