Beale makes ‘tough’ call to leave Lloyd’s amid modernisation push

29-06-2018

Beale makes ‘tough’ call to leave Lloyd’s amid modernisation push

Inga Beale, Lloyd's CEO; Source: Lloyd's of London

When she took the reins in January 2014, Lloyd’s CEO Inga Beale became the first woman to head the 330-year old market for specialist insurance in London. She is stepping down while the modernisation process is very much a work in progress – a decision she has called tough – though most market participants credit her with having moved the market forward in a positive direction.

“The decision to leave has been a tough one and when the time comes I will miss the energy, innovative spirit and expertise that I come across every working day,” Beale said.

“Leading Lloyd’s is an honour and I am proud to have played a part in ensuring that it remains relevant and fit for purpose for the future. The world trusts Lloyd’s to be there when it matters the most and I believe it is well placed for the next 330 years.”

Beale joined Lloyd’s in January 2014. Since then, her commitment to transformation across the market, and within the corporation, has led to significant cultural change and the adoption of new technology that has accelerated the market’s modernisation and digitalisation, Lloyd’s said in a statement.


Inga Beale, Bruce Carnegie-Brown, Charles Manchester, Mike McGavick, Lloyd's of London, Resignation, Modernisation, London Market, Europe

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