Former Ascot chief executive commits to cementing Lloyd’s reputation as a ’hub for expertise for the future’
Lloyd’s has announced Andrew Brooks as the new deputy chair of the Council of Lloyd’s. Until recently, Brooks was chief executive of Ascot Underwriting Ltd - a position he held for 15 years - and was also an active member of the Ascot Board from 2004- 2023.
Brooks joined Ascot at its inception in 2001 and was promoted to chief underwriting officer in 2005. He is also a non-executive director of Azur Underwriting Ltd.
He has worked in the Lloyd’s Market since 1983 and is currently a member of the London Market Group Board and chairman of the Lloyd’s Market Association.
Bruce Carnegie-Brown, Lloyd’s chairman, said he was delighted Brooks had accepted his invitation to become deputy chair. “I look forward to continuing our work together on the Council, delivering against our performance, digitalisation, sustainability and cultural goals during an important period for both Lloyd’s and the wider insurance industry.”
Brooks added: “Through my work at Ascot, I’ve been lucky enough to play a part in cementing Lloyd’s as the global destination for specialty insurance and look forward to continuing to ensure it remains a hub of expertise for the future.
“My priorities as deputy chair will be to further develop Lloyd’s strategic priorities, which will enhance value for all stakeholders, and I’m excited to get started.”
Meanwhile, the LMA’s chief executive Sheila Cameron also congratulated Brooks on the new appointment, saying he was “an outstanding choice”.
“Andrew has been, and continues to be, a phenomenal chairman of the LMA and he will similarly be an excellent ambassador for Lloyd’s in his role as Deputy Chair.
”His passion for the Lloyd’s marketplace and the depth of his underwriting expertise is simply peerless. We look forward to working with him closely as he takes up his new role.”