New Chairman of Lloyd’s of London Named
Lloyd’s of London named Bruce Carnegie-Brown to succeed John Nelson as chairman of the insurance market founded in a coffee house in 1688.
Carnegie-Brown, who is also chairman of Moneysupermarket.com Group Plc and vice chairman of Banco Santander SA, will take up the position in June, subject to regulatory approval, Lloyd’s of London said in a statement.
Outgoing Chairman Nelson has been at the helm of the insurance market since 2011, when he replaced Peter Levene. “Quite simply, this is an excellent appointment,” Nelson in a statement Monday. “Bruce has an extensive career in financial services, with major global firms particularly in insurance where he brings a deep knowledge and understanding of the broker and underwriting market.”