General counsel to leave Lloyd's - Insurance News Magazine

General counsel to leave Lloyd’s | Insurance Business Asia

Insurance News

General counsel to leave Lloyd’s

Executive took general counsel role in 2016

Insurance News

By
Steven Byerley

In a recent announcement, Lloyd’s confirmed the decision of Peter Spires, its general counsel, to step down from his role.

Spires joined Lloyd’s in 1995. He dedicated his early years to the reconstruction and renewal efforts at Lloyd’s. Subsequently, he played a crucial role in the Chairman’s Strategy Group, a team responsible for introducing the performance management directorate, which aimed to enhance the efficiency and effectiveness of operations at Lloyd’s.

Spires earned the position of general counsel in 2016 and became a member of Lloyd’s executive committee.

As part of the transition, Claire Schrader, the current head of legal, will assume the role of general counsel on an interim basis. Caroline Sandeman-Allen will step into the role of company secretary on an interim basis.

“Peter’s contribution over the last 27 years to both the Corporation and the wider Lloyd’s market has been highly valued, and his expertise and experience has been central to the resolution of many complex issues that have confronted the market,” said Bruce Carnegie-Brown, chairman of Lloyd’s. “Peter leaves with our very best wishes.”

Last month, Lloyd’s announced the appointment of Rebekah Clement as corporate affairs director. In May, it named Rachel Turk chief underwriting officer.

Have something to say about this story? Let us know in the comments below.