John Neal – Chief Executive Officer of Lloyd’s of London, Nominated member, Member of the Investment Committee
CEO of Lloyd’s working across our market and industry to drive sustainable performance, digital transformation and purpose-led underwriting – all powered by an inclusive and high-performing culture. Formerly Group CEO of global (re)insurer QBE. Avid (and recovering) cyclist with a passion for all things insurance.
He was previously Group CEO of QBE, a global insurance and reinsurance business with a significant Lloyd’s footprint. In this role, he was responsible for running a $14 bn gross written premium (GWP) business with over 14,000 employees in 37 countries. John refocused QBE’s business around commercial and specialty lines, disposing of non-core portfolios and reducing costs by over $350 mn. Before becoming CEO, he held a number of roles at QBE including Chief Underwriting Officer and Chief Operations Officer of the firm’s European operations.
Prior to this, he led a management buyout of Ensign to establish a dedicated Lloyd’s Managing Agency. As CEO of Ensign, he grew GWP to $300 mn to create the leading specialist commercial motor underwriter in the UK. He also worked at Bankside Managing Agency, where he was the youngest active underwriter at Lloyd’s. He started his career at the Crowe Underwriting Agency, where over the course of a decade he grew UK GWP from £3 mn to £100 mn.
