London Market Group (LMG) has named Clare Lebecq as its new CEO, succeeding Chris Beazley who is returning to MS Amlin as CEO of their Swiss reinsurance operation at the end of August.
Lebecq will begin her new role on 1 November on a permanent basis. She joins LMG from JLT Speciality where she is currently serving as operations director.
In the intervening period, LMG will continue to be overseen by its Board sponsors and driven by its wider team.
Commenting on the appointment, chairman of LMG Andrew Horton said: “We are delighted that Clare is joining us and her understanding the market – both operationally and from a distribution perspective, will provide the leadership and drive to help take our growth and modernisation work forward.
Adding: “Chris has done a tremendous job over the last two years, including the successful launch of the London Makes It Possible campaign to articulate why businesses should look to London for their insurance, and the active engagement with government and Parliament to ensure the market’s position is well understood through the Brexit process.”
Lebecq said: “The LMG has become a strong force for cross market collaboration and action to resolve challenges faced by all market participants. Its ability to speak with one voice on vital issues such as the UK’s withdrawal from Europe and making London a more efficient place to do business has meant that there has been real progress in many areas. I am delighted to be taking over from Chris, building on the great work he has led, and working with the market to help London maintain and build on its position as the undisputed global market for specialty commercial (re)insurance.”