The Board of LIIBA today announced that Richard Dudley, CEO of Aon’s UK Global Broking Centre, will become its new Chair. He succeeds Roy White of Marsh, who served a two-year term.
White will remain a deputy chair in the short term. Dudley’s other deputies were confirmed as: Nick Cook of BMS and Alastair Swift of Willis Towers Watson.
Richard Dudley said: “I’m proud to be taking on this role on behalf of the Lloyd’s broking community. Our immediate challenge is to provide support to our members and their clients as we face the coronavirus. LIIBA and its members are determined to provide as close to normal service as we can while keeping to the Prime Minister’s request that we work from home where possible. We have much to do. With Brexit still very much a live issue and the Future@Lloyd’s pushing ahead, this is an important time for brokers to make their voices heard.
“I want to extend my thanks to Roy White for his work over the last two years. Roy has been at the helm during a particularly active period, with the FCA’s wholesale broking review taking place on his watch. The board and I are grateful for his support and insight.
“2020 will be a significant year for brokers as we work closely with government to identify ways in which we can liberalise trade and explore new markets around the world. Inclusivity in the workplace is also high on the agenda and something we’ll be addressing through the training and awareness programmes offered by LIIBA. And market modernisation, of course, remains a central and critical pillar of our work.
“After the devastating floods seen in the UK this winter, climate change is also something that’s occupying much of our members’ time and energy. Insurance has a central role to play in both addressing the causes of climate change and helping communities and businesses recover from its near-term effects. We’ll be enthusiastic contributors to the debates being facilitated by EIOPA and OECD.”
LIIBA has postponed its Annual General Meeting scheduled for today due to the coronavirus.