Reinsurance News

Lloyd’s hires Uwe Schoberth as US Market Development Director

14th September 2020 - Author: Matt Sheehan

Insurance and reinsurance marketplace Lloyd’s of London has announced the appointment of Uwe Schoberth as US Market Development Director.

In this newly created role, Schoberth will focus on expanding strategic relationships with retail, wholesale and reinsurance brokers in Lloyd’s largest market.

Collaborating with business development teams in London and the US, he will be responsible for promoting the Future at Lloyd’s strategy to distribution partners.

Schoberth joins Lloyd’s from Blackboard Insurance, a subsidiary of AIG, where he served as Head of Distribution.

He has more than three decades’ industry experience, with prior roles including Global Head of Market Management at QBE and Managing Director and Head of North America Distribution & Network at XL Insurance Group.

In his new role at Lloyd’s, Schoberth will report to Hank Watkins, Regional Director & President of Lloyd’s Americas and will be based in our Chicago office.

“Lloyd’s is proud of its leading position in the US market and remains committed to delivering the innovative, timely risk transfer solutions our distribution partners and policyholders have looked to us for since the early 1900’s,” said Watkins.

“My colleagues and I are excited to have Uwe on the team and look forward to working with him on the enhancement of Lloyd’s US business opportunities,” he continued.

“We’re moving quickly to take advantage of his deep experience and expansive network of key stakeholders as we look to 2021 and the many opportunities it will present for supporting the success of our multiple stakeholders in London and the US.”

Schoberth  also commented: “I am thrilled to join Lloyd’s – the number one excess and surplus (E&S) lines insurer in the US – at a time when the global (re)insurance market is experiencing such profound change amidst a global pandemic of unprecedented scale in modern times.”

“At times like this our customers and business partners rely on us to be there when it matters most,” he added.

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