The London Market Association (LMA) has selected Andrew Brooks, CEO of Ascot Underwriting, as its next chairman.
Brooks, who has served on the LMA Board as a member since 2012, will succeed Beazley’s Neil Maidment, who will be retiring as chairman of the trade body at the end of the year.
He will take on the position from 1 January 2019 and will work alongside Sheila Cameron, who begins her role as LMA CEO next year.
Brooks said: “I am honoured to be appointed LMA chairman and will seek to build on Neil’s successful work in ensuring that the LMA effectively represents the interests of Lloyd’s managing agents.
“I am looking forward to working with Sheila Cameron to influence Lloyd’s strategy on behalf of the LMA membership. I am also keen to see market modernisation delivered effectively and for the LMA to continue to play a vital role providing technical support to the underwriting community.”
Meanwhile, outgoing LMA CEO David Gittings remarked: “I am delighted to welcome Andrew as our new chairman. With around 30 years’ experience within the Lloyd’s market, and six years as an LMA board member, he is well placed to lead the LMA board so as to best serve the interests of our members.”
“I would like to thank Neil Maidment for his vital contribution as a board member since 2011, including his three-year tenure as our chairman, and also for his contribution to the market.”