Reinsurance News

Former Lloyd’s CEO Inga Beale joins Clyde & Co board

11th December 2019 - Author: Matt Sheehan

Insurance law firm Clyde & Co has strengthened it board with the addition of Inga Beale, the former Chief Executive Officer (CEO) of insurance and reinsurance marketplace Lloyd’s of London.

inga-bealeBeale served as CEO of Lloyd’s between 2014 and 2018, during which time she initiated a large-scale digital and cultural transformation program and led its expansion into China, Dubai and India.

She has also held senior leadership positions across the global insurance sector, including as Group CEO at Canopius and Converium, and has previously held management positions at Zurich Insurance and GE Insurance Solutions.

Taking up her new position on 1 January 2020, Beale is expected to bring a client-centric insurance perspective to Clyde & Co’s board, and will have a special focus on diversity and inclusion.

“Having worked in the insurance market over the course of four decades, joining the largest insurance law firm in the world represents a natural next step for me,” said Beale.

“I feel I can provide a client-side insight that will benefit Clyde & Co’s management operations as well as the day-to-day work the firm does with clients.”

Concurrently, Clyde & Co also announced the addition of Stephen Chipman to its board, who previously served as CEO of Grant Thornton US, a division of the global financial services firm.

Chipman held various senior positions over his 20-year career at Grant Thornton, including as CEO of technology-enabled business services company Radius, and as Group Managing Director, International Expansion Services.

“Inga and Stephen’s appointments to our board are a significant move for us and send a very strong message to our clients that we are committed to placing their needs and interests at the heart of our decision-making,” commented Peter Hirst, Senior Partner at Clyde & Co.

“Inga will play an important role supporting our drive to materially improve diversity and inclusion across our firm to ensure we can offer clients the diversity of thought, talent and skills that they increasingly demand,” he explained.

“Inga and Stephen are both well-known leaders in their fields and will provide us with objective and independent views, advice and constructive challenge to help inform our decision-making and ensure that the voice of the client is at the heart of our governance.”

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