STEERING BOARD CREATED FOR LONDON MARKET’S TARGET OPERATING MODEL

Lloyd’s chief executive Inga Beale has been appointed chair of the newly established London Market Target Operating Model (TOM) steering board. The board will work closely with the London Market Group board to govern the design and delivery of the TOM. Benedict Reid, chief executive of the LMG, said the board has been established as the “executive-level body that will make decisions on the overall outcome, design, timescales and budget for the delivery of the TOM initiatives. It will also be responsible for championing the programme within the London market, and participants have been appointed by the market associations.” Alongside Beale, participants include Vinizio Cellerini (Zurich), Denise Garland (Tokio Marine Kiln), Geoff Godwin (AIG), Andrew Horton (Beazley), Peter Houston (Chubb), Shirine Khoury-Haq (Lloyd’s). Brian Kirwan (Allianz), Bronek Masojada (Hiscox), Steve McGill (Aon), Andrew McKee (Mitsui Sumitomo), Roy White (Marsh) and Kate Roy (Willis). In addition, Chris Croft (Liiba), David Gittings (LMA), Dave Matcham (IUA) and Benedict Reid (LMG) have joined the board as representatives of market associations.