Insurance and reinsurance marketplace Lloyd’s has announced the appointment of Andrew Brooks as the new Deputy Chair of the Council of Lloyd’s.
Brooks was most recently Chief Executive Officer of Ascot Underwriting, a position which held for a decade and a half.
During his time at Ascot, Brooks was an active member of the Board from 2004-2023. He joined the firm at its inception in 2001 and was promoted to Chief Underwriting Officer in 2005.
Brooks has worked in the Lloyd’s Market since 1983 and is currently a member of the London Market Group Board and Chairman of the Lloyd’s Market Association. He is also a Non-Executive Director of Azur Underwriting.
In addition, Brooks is ACII qualified and will serve on the Lloyd’s Claims Implementation Board as well as the Nominations & Governance Committee.
Brooks commented, “My time both within the Market and on Lloyd’s Council has been immensely rewarding so far.
“Through my work at Ascot, I’ve been lucky enough to play a part in cementing Lloyd’s as the global destination for specialty insurance and look forward to continuing to ensure it remains a hub of expertise for the future.
“My priorities as Deputy Chair will be to further develop Lloyd’s strategic priorities, which will enhance value for all stakeholders, and I’m excited to get started.”
Bruce Carnegie-Brown, Lloyd’s Chairman, added, “With nearly 40 years of experience in the Lloyd’s Market and over five years serving on Lloyd’s Council, I am delighted that Andrew has accepted my invitation to become Deputy Chair.
“I look forward to continuing our work together on the Council, delivering against our performance, digitalisation, sustainability and cultural goals during an important period for both Lloyd’s and the wider insurance industry.”
The Lloyd’s Market Association also congratulated Brooks on his appointment, with Sheila Cameron, LMA Chief Executive, stating, “We would like to congratulate Andrew Brooks on his appointment as Deputy Chair of Lloyd’s, a prestigious role and one for which he is an outstanding choice.
“Andrew has been, and continues to be, a phenomenal Chairman of the LMA and he will similarly be an excellent ambassador for Lloyd’s in his role as Deputy Chair.
“His passion for the Lloyd’s marketplace and the depth of his underwriting expertise is simply peerless. We look forward to working with him closely as he takes up his new role.”
