Lloyd’s has introduced that it has welcomed Richard Dudley to the Council of Lloyd’s as its latest member.
Dudley succeeds Dominic Christian, who will step down as council member on January 31, 2023, after 9 years of service. Dudley’s election will probably be efficient from February 1, 2023.
Who is Richard Dudley?
Dudley is the worldwide head of local weather technique at Aon. He has been working within the Lloyd’s marketplace for nearly 30 years and is at the moment on the Lloyd’s expertise & transformation advisory committee. Dudley can be an government motion committee member on the Insurance Taskforce of the Sustainable Markets Initiative. He was beforehand the CEO of Aon’s Global Broking Centre and CEO of the UK and Ireland Specialties division of Aon Reinsurance.
Bruce Carnegie-Brown, Lloyd’s chairman, famous that he’s “delighted” to welcome Dudley as a brand new council member.
“Richard’s election is testament to the extraordinary contribution he has made to advancing the insurance industry’s aims,” the chairman talked about. “As we continue to build a sustainable and inclusive Lloyd’s, Richard will play a vital role in helping us live out our purpose.”
“I’m hugely grateful for all Dom’s hard work over the last nine years,” he added. “He leaves the Council having achieved tangible progress, particularly on the cultural transformation of the Lloyd’s market and our climate leadership through the Sustainable Markets Initiative Insurance Taskforce.”
“It is an incredible honour to join the Council of Lloyd’s,” mentioned Dudley. “For our market, the opportunities to grow and to further stamp our collective societal value are as apparent and important now as they have ever been.”
Dudley additionally mentioned that he’s decided as a council member to “help support Lloyd’s build on its work to become the insurer of the transition to a net zero economy, and to help drive a successful conclusion to market modernisation.”