Lloyd’s has added three new members to its Franchise Board.

Mike Bracken, Nigel Hinshelwood and Fiona Luck will join the Franchise Board as non-executive directors for three years from March.

Bracken joins from the Co-Op Group, where he served as chief digital officer. Prior to that, he spent four years as the UK government's executive director, digital and also as chief data officer, during which time he was involved in the creation of the UK government digital service.

Hinshelwood was most recently head of the UK and deputy CEO of HSBC Bank, having been with the firm for 12 years and serving in a variety of senior global roles including global head of operations and chief operating officer (COO) for Europe, Middle East and Africa. He is also a non-executive director on the board of Marks & Spencer financial services plc. 

Meanwhile, Luck has been a non-executive director of the Bermuda Monetary Authority (BMA) since 2013, having previously sat on the board of Catlin Holdings and Allied World Holdings. Prior to that, she spent a decade at XL Capital serving a number of senior roles. 

Commenting on the appointments, Lloyd’s chairman Bruce Carnegie-Brown said: “These are great appointments for Lloyd’s. Mike, Nigel and Fiona bring experience and expertise from across the business spectrum from insurance to banking to technology, built up over the last twenty-five years. The Corporation will undoubtedly benefit from their expertise and I am looking forward to working with them.”