Beazley’s Neil Maidment has been appointed as an independent non-executive director of the Lloyd’s Board for an initial three-year term, effective February 2019.
The new appointment will be effective once Maidment’s term of office on the Council of Lloyd’s comes to an end on January 31st 2019. He is set to retire from Beazley in December of this year after 34 years in the insurance sector, the majority of which was spent at Beazley.
During the last ten years at Beazley, Maidment held the role of Chief Underwriting Officer (CUO) and was responsible for the company’s underwriting strategy.
Following the appointment, he will continue to serve as a member of the Lloyd’s Risk Committee, but is also set to step down from his position as Chairman of the Lloyd’s Market Association (LMA).
Beazley announced in March this year that Maidment would be retiring and that he would be succeeded by Adrian Cox.