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[December 17, 2013]
United Kingdom : LLOYD s insurance market appoints its first female CEO INGA BEALE [TendersInfo (India)]
(TendersInfo (India) Via Acquire Media NewsEdge) LOL.UL, Lloyd´s of London insurance market presented its first ever female CEO after former CEO Richard Ward declared he will be resigning from his position in July.
Inga Beale, a 30 year industry veteran who was earlier head of insurer Canopius, begins in her new role in January 2014, Lloyd's said.
Lloyd's chairman John Nelson said, Her CEO experience, underwriting background, international experience and operational skills, together with her knowledge of the Lloyd's market, make Inga the ideal Chief Executive for Lloyd's.
Beale inherits a 325-year-old institution in the middle of an innovation drive began by her precursor. Ward launched new technology and introduced a push to make Lloyd's pertinent in the quickly increasing economies of Asia and Latin America. Lloyd's, a collection of about 80 competing insurance syndicates housed in a landmark structure at the heart of London's financial district, began life in 1688 as a gathering of shipping merchants in a coffee house.
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