3 July 2017Insurance

Lloyd’s appoints Hiscox's Childs as deputy chairman

Lloyd’s has appointed Hiscox non-executive chairman Robert Childs to the position of deputy chairman.

Childs takes over from Paul Jardine, who retired from the role earlier this year after nine years on the council.

Childs joins Simon Beale and Andy Haste as deputy chairman of Lloyd’s, the body that is responsible for the management and supervision of the Lloyd’s market.

"This is an excellent appointment both for the Council and the market," chairman Bruce Carnegie-Brown said. "Rob brings with him vast experience of the sector in London, the United States and Bermuda which means he has a keen understanding of the challenges the market faces, but also of its strengths and what Lloyd’s can do to help it thrive and be successful. I look forward to working with him closely over the coming years."

Childs commented: "I'm delighted with this appointment. I look forward to working with Bruce, and welcome the opportunity to bring my 44 years of industry experience to the Council of Lloyd’s."

Childs joined Hiscox in 1986 where he was the active underwriter of their Lloyd’s Syndicate 33 between 1993 and 2005. He also founded their reinsurance company in Bermuda and was chairman of Hiscox USA. Childs was elected to the Council of Lloyd’s as the nominated representative of an external member in 2012.

The council is responsible for ensuring that the Society of Lloyd’s acts in accordance with Lloyd’s Acts 1871 to 1982 and complies with the Financial Services and Markets Act 2000.

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