John Neal, Lloyd's of London
Lloyd's of London
From underwriter to CEO, John Neal has spent the majority of his career with Lloyd’s of London. He got his start in 1985 at Crowe Underwriting Agency, where, over the course of 10 years, he grew UK GWP from £3 million to £100 million. From there, he became the youngest active underwriter at Lloyd’s while working for Bankside Managing Agency, then led a management buyout of Ensign to establish a dedicated Lloyd’s managing agency. As CEO of Ensign, Neal grew the company into the leading specialist commercial motor underwriter in the UK.
Neal’s career continued at QBE, where he became group CEO in 2012. During his five years with QBE, Neal refocused the company’s business around commercial and specialty lines, disposing of non-core portfolios and reducing costs by more than $350 million. He was appointed CEO of Lloyd’s of London in October 2018.
“I am thrilled to be offered the opportunity to lead Lloyd’s and will do so with the same excitement I felt when I first stepped into the underwriting room back in 1985,” Neal said in a statement upon the announcement of his position. He also emphasized his dedication to helping the company continue innovating and adapting to remain “at the forefront of global commercial corporate and specialty insurance and reinsurance.”