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The London Market Group (LMG) has revealed that JLT Speciality’s Clare Lebecq is to become CEO on a permanent basis, replacing current leader Chris Beazley who is stepping down.
Lebecq, who is currently operations director at JLT Speciality, will take on the role as of November 01, with Beazley returning to MS Amlin as CEO of its Swiss reinsurance operation at the end of August.
In the interim period, LMG’s team will continue its work with oversight by the board.
Andrew Horton, LMG’s chairman, said that Lebecq’s understanding of the market both operationally and from a distribution perspective will provide “the leadership and drive to help take our growth and modernisation work forward.”
“Chris has done a tremendous job over the last two years, including the successful launch of the London Makes It Possible campaign to articulate why businesses should look to London for their insurance, and the active engagement with government and Parliament to ensure the market’s position is well understood through the Brexit process,” Horton said.
Lebecq described LMG as having become a “strong force for cross market collaboration and action to resolve challenges faced by all market participants.”
She continued: “Its ability to speak with one voice on vital issues such as the UK’s withdrawal from Europe and making London a more efficient place to do business has meant that there has been real progress in many areas. I am delighted to be taking over from Chris, building on the great work he has led, and working with the market to help London maintain and build on its position as the undisputed global market for specialty commercial (re)insurance.”
