Lloyd's has confirmed changes to its Council membership, following this year's election, to fill two working member vacancies.
Richard Dudley (pictured, left) has been re-elected, while Duncan Dale (pictured, right) will join the Council for the first time. Their terms begin on Feb. 1, 2026.
The election coincides with the departure of Andrew Brooks, who stepped down after nine years on the Council, including serving as deputy chair since 2023. Brooks' exit marks the end of a period of governance continuity during a critical time for Lloyd's as it navigates regulatory scrutiny, market modernisation, and evolving risk exposures.
Dudley, who is group chief broking officer at BMS Group, brings a strong focus on technology and operational transformation, in addition to his broader expertise in broking and syndicate management. His re-election ensures continuity in guiding Lloyd's digitalisation and efficiency initiatives, which are key to maintaining competitiveness in a changing insurance landscape.
Dale, founder and CEO of Dale Underwriting Partners, contributes deep underwriting and market experience across specialty and managing agency operations. His presence on the Council is expected to influence strategic oversight of syndicate performance, capital allocation, and product innovation, supporting Lloyd’s efforts to enhance underwriting discipline and market resilience.
Charles Roxburgh, Lloyd's chair, described the election as highly competitive and underscored the value Dudley brings through continuity, while highlighting Dale's four decades of industry experience. The updated Council will play a pivotal role in shaping Lloyd's strategic direction, including strengthening underwriting performance, reinforcing risk governance, and advancing the market’s modernisation agenda.
The combination of Dudley’s operational insight and Dale’s underwriting expertise could also affect how Lloyd’s engages with regulators and market participants, potentially influencing the pace of reforms in areas such as risk appetite, data-driven decision-making, and capital efficiency. Overall, the new Council lineup positions Lloyd’s to better respond to emerging risks while maintaining its global leadership in insurance and reinsurance markets.
