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Lloyd’s appoints Alexander Baugh as new Council Member

Lloyd’s appoints Alexander Baugh as new Council Member

Lloyd’s announced changes to its Council, appointing Alexander Baugh as an independent nominated member, subject to regulatory approval. He will also serve as Chair of Lloyd’s Risk Committee and a member of the Audit Committee.

Alexander Baugh is a seasoned insurance executive with over 30 years of experience at AIG, where he held various leadership roles, including President of the North America business and Global Chief Underwriting Officer for Liability and Financial Lines.

He has extensive experience in risk management and a strong connection to Lloyd’s, having worked in the London market for 12 years and served on the Ascot board when it was owned by AIG.

Neil Maidment, the current Chair of the Risk Committee, will step down from Lloyd’s Council at the end of January after nine years of service.

Bruce Carnegie-Brown, Chairman of Lloyd’s, highlighted Baugh’s extensive risk experience and strong ties to Lloyd’s, noting his contributions through AIG’s Lloyd’s syndicates and Ascot’s board. He also thanked Neil Maidment for his dedication to Lloyd’s governance.

“Alexander brings deep risk experience from his time at AIG, both as Chief Risk Officer but also later in his career as Global Underwriting Officer and CEO for North America. He also has a deep connection with Lloyd’s, having worked in the London market for 12 years. He has maintained this connection through AIG’s two Lloyd’s syndicates through Ascot’s board when it was owned by AIG. I look forward to welcoming Alexander to the Council of Lloyd’s and thank Neil for his significant contribution to the governance of Lloyd’s over so many years,” Bruce Carnegie-Brown says.