REG - Lloyds Of London - Lloyd’s appoints Alexandra Cliff as CFO

Lloyds BankingAnnouncement

30/01/2025 10:30

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RNS Number : 2919V  Lloyds Of London  30 January 2025

 30 January 2025

  Press Release
  Lloyd's appoints Alexandra Cliff as Chief Financial Officer

  Lloyd's, the world's leading marketplace for insurance and reinsurance, has
  today announced the appointment of Alexandra Cliff as its Chief Financial
  Officer (CFO). Her appointment will commence on 1 May 2025.

  Alex joined Lloyd's as Deputy CFO in November 2022 and currently serves on
  Lloyd's Executive Committee. Alex has over 20 years of experience in the
  insurance industry, having held senior finance roles in insurance and broking
  firms including Direct Line Group, StarStone, and AJ Gallagher. Alex is a
  Chartered Accountant and spent eight years at PwC in both London and the US.

  Alex will succeed Burkhard Keese, following a long-established succession
  plan, who leaves Lloyd's to focus on investment roles in the German insurance
  market. Burkhard will remain a strategic advisor to Lloyd's and will focus on
  the development of the risk transfer vehicle London Bridge 2.

  Burkhard joined Lloyd's in 2019 and during his time as CFO he has been at the
  forefront of the significant performance turnaround of the Lloyd's market, and
  in the strengthening of its balance sheet, recognised by S&P Global and AM
  Best accrediting Lloyd's with the highest financial strength ratings in its
  history. He has also advanced Lloyd's position as an attractive and accessible
  market for global investors to place their capital through London Bridge 1 and
  2.

  John Neal, Lloyd's CEO, said: "Since joining Lloyd's as Deputy CFO, Alex has
  played a vital role in achieving our enhanced financial strength, including
  recent ratings upgrades, building our investment proposition and transforming
  market reporting. She is a well-respected member of the Executive Committee,
  and I have no doubt she will continue to deliver against our strategic
  priorities as CFO.

  "I would like to thank Burkhard for his work guiding Lloyd's to some of its
  best-ever financial results and his execution of the capital proposition,
  which has made Lloyd's more resilient than ever. He has been integral in
  elevating Lloyd's financial strength ratings and attracting high-profile
  capital investment to the market."

Lloyd's appoints Alexandra Cliff as Chief Financial Officer

 Lloyd's, the world's leading marketplace for insurance and reinsurance, has
 today announced the appointment of Alexandra Cliff as its Chief Financial
 Officer (CFO). Her appointment will commence on 1 May 2025.

 Alex joined Lloyd's as Deputy CFO in November 2022 and currently serves on
 Lloyd's Executive Committee. Alex has over 20 years of experience in the
 insurance industry, having held senior finance roles in insurance and broking
 firms including Direct Line Group, StarStone, and AJ Gallagher. Alex is a
 Chartered Accountant and spent eight years at PwC in both London and the US.

 Alex will succeed Burkhard Keese, following a long-established succession
 plan, who leaves Lloyd's to focus on investment roles in the German insurance
 market. Burkhard will remain a strategic advisor to Lloyd's and will focus on
 the development of the risk transfer vehicle London Bridge 2.

 Burkhard joined Lloyd's in 2019 and during his time as CFO he has been at the
 forefront of the significant performance turnaround of the Lloyd's market, and
 in the strengthening of its balance sheet, recognised by S&P Global and AM
 Best accrediting Lloyd's with the highest financial strength ratings in its
 history. He has also advanced Lloyd's position as an attractive and accessible
 market for global investors to place their capital through London Bridge 1 and
 2.

 John Neal, Lloyd's CEO, said: "Since joining Lloyd's as Deputy CFO, Alex has
 played a vital role in achieving our enhanced financial strength, including
 recent ratings upgrades, building our investment proposition and transforming
 market reporting. She is a well-respected member of the Executive Committee,
 and I have no doubt she will continue to deliver against our strategic
 priorities as CFO.

 "I would like to thank Burkhard for his work guiding Lloyd's to some of its
 best-ever financial results and his execution of the capital proposition,
 which has made Lloyd's more resilient than ever. He has been integral in
 elevating Lloyd's financial strength ratings and attracting high-profile
 capital investment to the market."

  ENDS

 Notes to Editors

  1.    Alex Cliff’s appointment is subject to regulatory approval

  2.    The London Bridge platform includes two risk transformation firms:
  London Bridge Risk PCC Limited and London Bridge 2 PCC Limited.

  3.    Find out more about investing at Lloyd’s here and about the London
  Bridge 2 PCC here

  Enquiries to:

  UK: pressoffice@lloyds.com (mailto:pressoffice@lloyds.com)

Lloyd's appoints Alexandra Cliff as Chief Financial Officer

 Lloyd's, the world's leading marketplace for insurance and reinsurance, has
 today announced the appointment of Alexandra Cliff as its Chief Financial
 Officer (CFO). Her appointment will commence on 1 May 2025.

 Alex joined Lloyd's as Deputy CFO in November 2022 and currently serves on
 Lloyd's Executive Committee. Alex has over 20 years of experience in the
 insurance industry, having held senior finance roles in insurance and broking
 firms including Direct Line Group, StarStone, and AJ Gallagher. Alex is a
 Chartered Accountant and spent eight years at PwC in both London and the US.

 Alex will succeed Burkhard Keese, following a long-established succession
 plan, who leaves Lloyd's to focus on investment roles in the German insurance
 market. Burkhard will remain a strategic advisor to Lloyd's and will focus on
 the development of the risk transfer vehicle London Bridge 2.

 Burkhard joined Lloyd's in 2019 and during his time as CFO he has been at the
 forefront of the significant performance turnaround of the Lloyd's market, and
 in the strengthening of its balance sheet, recognised by S&P Global and AM
 Best accrediting Lloyd's with the highest financial strength ratings in its
 history. He has also advanced Lloyd's position as an attractive and accessible
 market for global investors to place their capital through London Bridge 1 and
 2.

 John Neal, Lloyd's CEO, said: "Since joining Lloyd's as Deputy CFO, Alex has
 played a vital role in achieving our enhanced financial strength, including
 recent ratings upgrades, building our investment proposition and transforming
 market reporting. She is a well-respected member of the Executive Committee,
 and I have no doubt she will continue to deliver against our strategic
 priorities as CFO.

 "I would like to thank Burkhard for his work guiding Lloyd's to some of its
 best-ever financial results and his execution of the capital proposition,
 which has made Lloyd's more resilient than ever. He has been integral in
 elevating Lloyd's financial strength ratings and attracting high-profile
 capital investment to the market."

 ENDS

 Notes to Editors

  1.    Alex Cliff’s appointment is subject to regulatory approval

  2.    The London Bridge platform includes two risk transformation firms:
  London Bridge Risk PCC Limited and London Bridge 2 PCC Limited.

  3.    Find out more about investing at Lloyd’s here and about the London
  Bridge 2 PCC here

  Enquiries to:

  UK: pressoffice@lloyds.com (mailto:pressoffice@lloyds.com)

 

About Lloyd's

  Lloyd's is the world's leading marketplace for insurance and reinsurance.
  Through the collective intelligence and expertise of the market's underwriters
  and brokers, we're sharing risk to create a braver world.

  The Lloyd's market offers the resources, capability, and insight to develop
  new and innovative products for customers in any industry, on any scale, in
  more than 200 territories.

  We're made up of more than 50 leading insurance companies, over 380 registered
  Lloyd's brokers and a global network of over 4,000 local coverholders. Behind
  the Lloyd's market is the Corporation: an independent organisation and
  regulator working to maintain the market's successful reputation and
  operation.

  We're working to build solutions for the most current and prevalent threats.
  As Chair of the Insurance Task Force for HM King Charles III's Sustainable
  Markets Initiative, Lloyd's is bringing the industry together to insure the
  transition to net zero. Our research community is pooling expertise from
  across the industry to provide cutting edge insight on systemic risks from
  climate change to cyber security.

  And through our digital-led strategy, The Future at Lloyd's
  (https://www.lloyds.com/about-lloyds/future-at-lloyds) , we're making it
  easier and cheaper to place, price and process cover in the Lloyd's market.

  Lloyd's One Lime Street  Telephone: +44 (0)20 7327 1000

  London EC3M 7HA          Fax: +44 (0)20 7627 2389

     Website: lloyds.com
     (http://https:/reaction2.lloyds.com/reaction/Link/Click?ct=5C8069149BE346E0CDD987AF9E2C951DDBFB2&t=1)

  The information in the E-Mail and in any attachments is CONFIDENTIAL and may
  be privileged. If you are NOT the intended recipient, please destroy this
  message and notify the sender immediately. You should NOT retain, copy or use
  the E-Mail for any purpose, nor disclose all or any part of the contents to
  any other person or persons. Any views expressed in this message are those of
  the individual sender, EXCEPT where the sender specifically states them to be
  the views of Lloyd's.

  Lloyd's may monitor the content of E-Mails sent and received via its network
  for viruses or unauthorised use and for other lawful business
  purposes. Lloyd's is a registered trade mark of the Society of Lloyd's.
  Lloyd's is authorised under the Financial Services and Markets Act 2000.
  Lloyd's copyright 2022.

 The information in the E-Mail and in any attachments is CONFIDENTIAL and may
 be privileged. If you are NOT the intended recipient, please destroy this
 message and notify the sender immediately. You should NOT retain, copy or use
 the E-Mail for any purpose, nor disclose all or any part of the contents to
 any other person or persons. Any views expressed in this message are those of
 the individual sender, EXCEPT where the sender specifically states them to be
 the views of Lloyd's.

 Lloyd's may monitor the content of E-Mails sent and received via its network
 for viruses or unauthorised use and for other lawful business
 purposes. Lloyd's is a registered trade mark of the Society of Lloyd's.
 Lloyd's is authorised under the Financial Services and Markets Act 2000.
 Lloyd's copyright 2022.

 The information in the E-Mail and in any attachments is CONFIDENTIAL and may
 be privileged. If you are NOT the intended recipient, please destroy this
 message and notify the sender immediately. You should NOT retain, copy or use
 the E-Mail for any purpose, nor disclose all or any part of the contents to
 any other person or persons. Any views expressed in this message are those of
 the individual sender, EXCEPT where the sender specifically states them to be
 the views of Lloyd's.

 Lloyd's may monitor the content of E-Mails sent and received via its network
 for viruses or unauthorised use and for other lawful business
 purposes. Lloyd's is a registered trade mark of the Society of Lloyd's.
 Lloyd's is authorised under the Financial Services and Markets Act 2000.
 Lloyd's copyright 2022.

Lloyd's appoints Alexandra Cliff as Chief Financial Officer

 

Lloyd's, the world's leading marketplace for insurance and reinsurance, has
today announced the appointment of Alexandra Cliff as its Chief Financial
Officer (CFO). Her appointment will commence on 1 May 2025.

Alex joined Lloyd's as Deputy CFO in November 2022 and currently serves on
Lloyd's Executive Committee. Alex has over 20 years of experience in the
insurance industry, having held senior finance roles in insurance and broking
firms including Direct Line Group, StarStone, and AJ Gallagher. Alex is a
Chartered Accountant and spent eight years at PwC in both London and the US.

Alex will succeed Burkhard Keese, following a long-established succession
plan, who leaves Lloyd's to focus on investment roles in the German insurance
market. Burkhard will remain a strategic advisor to Lloyd's and will focus on
the development of the risk transfer vehicle London Bridge 2.

Burkhard joined Lloyd's in 2019 and during his time as CFO he has been at the
forefront of the significant performance turnaround of the Lloyd's market, and
in the strengthening of its balance sheet, recognised by S&P Global and AM
Best accrediting Lloyd's with the highest financial strength ratings in its
history. He has also advanced Lloyd's position as an attractive and accessible
market for global investors to place their capital through London Bridge 1 and
2.

John Neal, Lloyd's CEO, said: "Since joining Lloyd's as Deputy CFO, Alex has
played a vital role in achieving our enhanced financial strength, including
recent ratings upgrades, building our investment proposition and transforming
market reporting. She is a well-respected member of the Executive Committee,
and I have no doubt she will continue to deliver against our strategic
priorities as CFO.

"I would like to thank Burkhard for his work guiding Lloyd's to some of its
best-ever financial results and his execution of the capital proposition,
which has made Lloyd's more resilient than ever. He has been integral in
elevating Lloyd's financial strength ratings and attracting high-profile
capital investment to the market."

 

 ENDS

 Notes to Editors

  1.    Alex Cliff’s appointment is subject to regulatory approval

  2.    The London Bridge platform includes two risk transformation firms:
  London Bridge Risk PCC Limited and London Bridge 2 PCC Limited.

  3.    Find out more about investing at Lloyd’s here and about the London
  Bridge 2 PCC here

  Enquiries to:

  UK: pressoffice@lloyds.com (mailto:pressoffice@lloyds.com)

 

 About Lloyd's

  Lloyd's is the world's leading marketplace for insurance and reinsurance.
  Through the collective intelligence and expertise of the market's underwriters
  and brokers, we're sharing risk to create a braver world.

  The Lloyd's market offers the resources, capability, and insight to develop
  new and innovative products for customers in any industry, on any scale, in
  more than 200 territories.

  We're made up of more than 50 leading insurance companies, over 380 registered
  Lloyd's brokers and a global network of over 4,000 local coverholders. Behind
  the Lloyd's market is the Corporation: an independent organisation and
  regulator working to maintain the market's successful reputation and
  operation.

  We're working to build solutions for the most current and prevalent threats.
  As Chair of the Insurance Task Force for HM King Charles III's Sustainable
  Markets Initiative, Lloyd's is bringing the industry together to insure the
  transition to net zero. Our research community is pooling expertise from
  across the industry to provide cutting edge insight on systemic risks from
  climate change to cyber security.

  And through our digital-led strategy, The Future at Lloyd's
  (https://www.lloyds.com/about-lloyds/future-at-lloyds) , we're making it
  easier and cheaper to place, price and process cover in the Lloyd's market.

  Lloyd's One Lime Street  Telephone: +44 (0)20 7327 1000

  London EC3M 7HA          Fax: +44 (0)20 7627 2389

         Website: lloyds.com
         (http://https:/reaction2.lloyds.com/reaction/Link/Click?ct=5C8069149BE346E0CDD987AF9E2C951DDBFB2&t=1)

  The information in the E-Mail and in any attachments is CONFIDENTIAL and may
  be privileged. If you are NOT the intended recipient, please destroy this
  message and notify the sender immediately. You should NOT retain, copy or use
  the E-Mail for any purpose, nor disclose all or any part of the contents to
  any other person or persons. Any views expressed in this message are those of
  the individual sender, EXCEPT where the sender specifically states them to be
  the views of Lloyd's.

  Lloyd's may monitor the content of E-Mails sent and received via its network
  for viruses or unauthorised use and for other lawful business
  purposes. Lloyd's is a registered trade mark of the Society of Lloyd's.
  Lloyd's is authorised under the Financial Services and Markets Act 2000.
  Lloyd's copyright 2022.

 The information in the E-Mail and in any attachments is CONFIDENTIAL and may
 be privileged. If you are NOT the intended recipient, please destroy this
 message and notify the sender immediately. You should NOT retain, copy or use
 the E-Mail for any purpose, nor disclose all or any part of the contents to
 any other person or persons. Any views expressed in this message are those of
 the individual sender, EXCEPT where the sender specifically states them to be
 the views of Lloyd's.

 Lloyd's may monitor the content of E-Mails sent and received via its network
 for viruses or unauthorised use and for other lawful business
 purposes. Lloyd's is a registered trade mark of the Society of Lloyd's.
 Lloyd's is authorised under the Financial Services and Markets Act 2000.
 Lloyd's copyright 2022.

The information in the E-Mail and in any attachments is CONFIDENTIAL and may
be privileged. If you are NOT the intended recipient, please destroy this
message and notify the sender immediately. You should NOT retain, copy or use
the E-Mail for any purpose, nor disclose all or any part of the contents to
any other person or persons. Any views expressed in this message are those of
the individual sender, EXCEPT where the sender specifically states them to be
the views of Lloyd's.

Lloyd's may monitor the content of E-Mails sent and received via its network
for viruses or unauthorised use and for other lawful business
purposes. Lloyd's is a registered trade mark of the Society of Lloyd's.
Lloyd's is authorised under the Financial Services and Markets Act 2000.
Lloyd's copyright 2022.

 

 

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