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Lloyd’s of London’s Jon Hancock to step down in 2020

14th January 2020 - Author: Luke Gallin

The specialist Lloyd’s of London insurance and reinsurance marketplace has announced that Performance Management Director, Jon Hancock, has decided to step down in 2020.

Jon HancockIn 2019, Hancock took the lead on Blueprint One as part of the Future at Lloyd’s strategy, designed to modernise the oldest insurance market in the world.

His decision to step down as Performance Management Director in 2020 forms part of a number of Lloyd’s Executive Committee changes announced today.

Commenting on his time at Lloyd’s, Hancock said: “Working with the Lloyd’s market has been a personal and career highlight. I have enjoyed my time here and I am proud of what my team and the market have achieved: the foundations have been set for the Lloyd’s market to return to world class underwriting performance and the Future at Lloyd’s sets out a compelling strategic vision.

“As I enter my fourth year at Lloyd’s it feels like the right time to pass on the baton and explore new opportunities.”

Lloyd’s Chief Executive Officer (CEO), John Neal, added: “Jon’s leadership in performance is without parallel, and his sponsorship of Blueprint One was critical in the production of a future strategy for the Lloyd’s market. His will be big boots to fill and so I am delighted that we will have him for a while longer.

“Performance is not just a strategic priority for us, but underpins everything that we are seeking to achieve through the Future at Lloyd’s. Jon has put in place firm foundations on which we will build over the years ahead. On a personal level, it has been a privilege to get to know and to work with Jon and I am grateful for his continuing support.”

At the same time, the insurance and reinsurance marketplace has announced the addition of Julia Tyson as Chief Human Resources Officer, effective immediately. She served as HR and Communications Director at LV= from 2013-2017, and has also worked at Wates Group as Group HRD.

Commenting on her appointment, Tyson said: “The opportunity to join Lloyd’s at this point in its evolution is utterly compelling: the exciting elements of business transformation, culture change, leadership and talent development are all areas I care deeply about. My passion is to create a high engagement and high performing culture and I am looking forward to working with John Neal and my new colleagues to take Lloyd’s forward.”

Additionally, Lloyd’s has revealed that Jo Scott, current Head of Brand, Marketing and Communications, has been promoted to Chief Marketing and Communications Officer, and a Member of the Lloyd’s Executive Committee.

“I am thrilled to welcome Julia to Lloyd’s. Her expertise and experience will be vital as we work towards creating the high performing culture the Future at Lloyd’s will demand. Welcoming Jo to the Executive Team recognises the contribution she has made to date. Together with Julia, we will have increased diversity of skills on the Executive Team that I am sure will benefit Lloyd’s,” added Neal.

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