1 October 2014 Insurance

IIL appoints Global Aerospace director as president

The Insurance Institute of London (IIL) has appointed Stephen Riley, the executive director of Global Aerospace, as its president for 2014-15.

He succeeds Graham Clarke, chief executive officer (CEO) of Miller Insurance Services, and is joined by new deputy president Dominic Christian, CEO of the AON UK board and executive chairman of Aon Benfield.

Riley said: “I am honoured to be taking the helm of the London Institute from Graham Clarke during whose presidency membership increased strongly, by 8.25 percent, and notwithstanding the concerns about the impact of RDR the personal finance section of our membership also grew by 3 percent.

“During Graham’s presidency a strategic review has been undertaken lead by our treasurer Jonathan Clark. This is focussed not only on our governance arrangements but more importantly on how we continue to meet the needs of our members, insure our growing membership is represented at all levels and that our networking events remain relevant. I very much look forward to the completion of this work and to starting the process of putting its recommendations into practice.

“The theme of my presidency year focusses on the attraction, promotion and development of talent in the London insurance market which I believe is a key challenge for the Institute and for the marketplace in which we all work, not only in this year but over the next decade.”

Allison Potts, Institute secretary/CEO of the Insurance Institute of London, added “I would like to thank Graham on behalf of the Insurance Institute of London and its members for his unstinting commitment to professionalism. During his year as president Graham’s company, Miller Insurance Services, secured CII Chartered Broker status and throughout his term of office Graham has emphasised the important role mentoring plays in the development of the next generation of professionals.”

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