Lloyd’s PCC secures first investment
Hampden Agencies, the largest Lloyd’s members’ agency, has appointed Lord Strathclyde as a non-executive director on its board.
Starting his career as a Lloyd’s insurance broker, Lord Strathclyde soon moved to politics. He held several positions in government, including Minister of State at the Department of Trade and Industry and Conservative Party Chief Whip in the House of Lords during John Major’s premiership. He was then Leader of the House of Lords and Chancellor of the Duchy of Lancaster with a seat in the Cabinet during the coalition government under David Cameron.
He resigned in 2013 to pursue a second business career and has advised a range of company boards, including those of Raytheon UK, JCB, PwC and Ferrero, the Italian confectionery company.
Neil Smith, CEO of HAL, said: “The HAL Board and I are delighted by Tom’s appointment. He has an exceptional and broad range of expertise that make him an excellent addition to the board. As a highly knowledgeable non-executive director, Tom’s insights will be invaluable in further strengthening the board as the market continues to navigate through this turbulent and exciting period.”
Lord Strathclyde added: “I started my career in insurance broking 40 years ago, and it is a real pleasure to be back in the market, on the board of this top-rated Lloyd’s based business.”
Hampden Agencies, Lord Strathclyde, insurance, reinsurance, House of Lords, Lloyd’s insurance, Minister of State, Department of Trade and Industry, UK