Lloyd’s, the world’s leading marketplace for commercial, corporate and specialty risk solutions, welcomes Joe Hurd to the Council of Lloyd’s.
He will replace John Sununu, who will be stepping away from the Council in May 2023 to focus on his new role as Non-Executive Chair, Lloyd’s Americas, where will be replacing Dave Duclos.
According to the announcement, Hurd’s appointment as a nominated member of the Lloyd’s Council will be effective May 10, 2023.
Bruce Carnegie-Brown, Lloyd’s Chairman, said: “I’m excited to welcome Joe as a new member of Council. Joe’s digital expertise and extensive commercial and political experience add to the skills represented on Council and will also be valuable in progressing our work to build a sustainable and inclusive Lloyd’s.”
Hurd is a Silicon Valley-based technology executive and Board Director currently working as an Operating Partner at global venture capital firm SOSV, LLC, supporting life sciences and hardware CEOs to drive product and market expansion.
He has considerable professional experience and expertise in workforce engagement, data and sustainability on both US and UK listed company boards, and is currently a Non-Executive Director with Trustpilot Group plc and Hays plc.
Hurd has previously worked at Linklaters and AOL before establishing himself as an entrepreneur with successful start-ups Friendster and VideoEgg.
Prior to that, he was a Non-Executive Director of GoCo Group plc, and was the Lead Independent Director of SilverBox Engaged Merger Corp I.
He also served in the Obama Administration as a political appointee at the Department of Commerce, serving on the White House Business Council, from 2009 until 2012. He is a Member of the Council on Foreign Relations and the Trilateral Commission.
Commenting on his appointment, Hurd said: “Lloyd’s has a unique and exciting opportunity to help society become more resilient, sustainable and inclusive in the years ahead – and some tricky challenges to overcome in order to get there.
“The Blueprint Two project will create the most advanced insurance marketplace in the world with better, faster and cheaper digital transactions across the board – and I’m privileged to help support that important work. I’m excited to work with Bruce, John Neal and the entire team over the next few years.”