Lloyd’s hires AIG talent for US market development

Lloyd’s has appointed Uwe Schoberth as US market development director, a newly created role focused on expanding strategic relationships with retail, wholesale and reinsurance brokers in its largest market.

In collaboration with Lloyd’s business development teams in London and the US, Schoberth will be responsible for promoting the Future at Lloyd’s strategy to distribution partners.

Schoberth has more than three decades of industry experience in distribution strategy and market development at global insurers. He joins Lloyd’s from Blackboard Insurance, a subsidiary of AIG, where he served as head of distribution. Prior to Blackboard, he held roles including global head of market management at QBE and managing director and head of North America distribution & network at XL Insurance Group.

In his new role at Lloyd’s, Schoberth will report to Hank Watkins, regional director & president of Lloyd’s Americas and will be based in its Chicago office.

Hank said: “Lloyd’s is proud of its leading position in the US market and remains committed to delivering the innovative, timely risk transfer solutions our distribution partners and policyholders have looked to us for since the early 1900’s. My colleagues and I are excited to have Uwe on the team and look forward to working with him on the enhancement of Lloyd’s US business opportunities. We’re moving quickly to take advantage of his deep experience and expansive network of key stakeholders as we look to 2021 and the many opportunities it will present for supporting the success of our multiple stakeholders in London and the US.”

Schoberth added: “I am thrilled to join Lloyd’s – the number one excess and surplus (E&S) lines insurer in the US – at a time when the global (re)insurance market is experiencing such profound change amidst a global pandemic of unprecedented scale in modern times. At times like this our customers and business partners rely on us to be there when it matters most.”