London-based marketplace for insurance and reinsurance, Lloyd’s, has announced its most recent changes to its Council membership; all the new terms will commence on 1 December 2023.
Sean McGovern was elected unopposed as a “Corporate-External” member of the Council, among other appointments; and Marcus Johnson as “Individual-External” member of the Council.
Following the close of the ballot for Working Members, Andrew Brooks and Vicky Carter have been re-elected as Working Members of the Council. They will also continue as Deputy Chairs of the Council.
McGovern, CEO, UK & Lloyd’s, AXA XL (representative of AXA XL Syndicate Limited), has been working in the Lloyd’s market for nearly three decades, including several positions at Lloyd’s as General Counsel, Chief Risk Officer, Franchise Board Member and Director of North America.
In addition to his executive role, he is currently a Director of the LMA, a member of the Lloyd’s Technology & Transformation Advisory Group and Chair of the LMG.
Johnson was first elected as a member of Lloyd’s in 1983 and is currently Deputy Chair and Director of Kirly Group Holdings and the Chair of the ALM.
McGovern and Johnson will replace Karen Green (representative of Asta Managing Agency) and Jeffery Barratt (representative of Nameco 1249), respectively.
According to the announcement, Gree and Barratt will both be stepping down on 30 November 2023 after nine and seven years respectively of dedicated contribution to Lloyd’s Council.
“I am delighted to welcome Sean and Marcus as new members of the Lloyd’s Council, with all the years of industry experience that they bring. I would like to thank Karen Green and Jeffery Barratt for their years of dedicated service to the Council and wish them well for the future,” Bruce Carnegie-Brown, Lloyd’s Chairman, commented.
Adding: “I am also pleased that Andrew and Vicky have been re-elected to their positions as Working Members of the Council. With their knowledge and guidance, we’ve made good progress against Lloyd’s strategic pillars and with the addition of our newest Council members are in good stead to continue to make our market thrive.”