Lloyd’s general counsel steps down to pursue ‘fresh challenges’ in market

Re/insurance marketplace  Lloyd’s of London’s general counsel has decided to step down as General Counsel to pursue “fresh challenges” in the Lloyd’s market.

Following Peter Spires’ (pictured) departure, and with immediate effect, head of legal, Claire Schrader, will assume the role of general counsel on an interim basis, and Caroline Sandeman-Allen will assume the role of company secretary, also on an interim basis.

Spires joined Lloyd’s in 1995 and spent the early part of his career at Lloyd’s focused on reconstruction and renewal and then the chairman’s strategy group, which led to the introduction of the performance management directorate at Lloyd’s.

Spires headed up a highly regarded legal team for many years and became general counsel in 2016 and a member of Lloyd’s executive committee.

Bruce Carnegie-Brown, Lloyd’s chairman, said: “Peter’s contribution over the last 27 years to both the Corporation and the wider Lloyd’s market has been highly valued, and his expertise and experience has been central to the resolution of many complex issues that have confronted the market. Peter leaves with our very best wishes.”

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