Lloyd’s confirms key advisor for international network

Industry veteran has held CEO positions at both QBE and XL Group

Lloyd’s confirms key advisor for international network

Insurance News

By Terry Gangcuangco

Hot on the heels of Burkhard Keese’s appointment as Lloyd’s of London chief financial officer comes the arrival of David Duclos to serve as non-executive chairman of the insurance market’s global network. 

Effective immediately, Duclos will play a key advisory role in the development of the international network of Lloyd’s – bringing four decades of experience including time spent as chief executive of QBE North America and of XL Group’s global insurance operations.

“I am pleased to be joining Lloyd’s in this advisory capacity at a period of great opportunity for the market, and to work closely with the Lloyd’s leadership team,” commented Duclos.

“Lloyd’s international network is a strong and much-admired asset for the market and I will bring my experiences in global insurance to further strengthen Lloyd’s position in the US and across the world.”

Describing the industry veteran as a “fantastic asset,” Lloyd’s CEO John Neal said he is delighted that Duclos has agreed to come onboard.

“He brings with him an incredible wealth of knowledge and insight which will be of huge value in the months ahead as we put in place a new geographical focus, concentrating on the developed markets that have the greatest potential for future growth,” stated Neal.

“We’ll be looking at new opportunities in the US, in Europe through Lloyd’s Brussels, together with those emerging markets where we are likely to see the best return on our investment. Dave’s leadership and expertise will ensure that Lloyd’s is better positioned to maximise these opportunities.”

 

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