Lloyd’s CEO John Neal will be leaving in 2025 and will be joining Aon as global CEO of reinsurance and global chairman of climate solutions.
The institution says during Neal’s six-year tenure at Lloyd’s, he has led a reset in the strategic direction of the world’s largest insurance marketplace, with sustainable growth and record profits.
Neal has also set up Lloyd’s strategic agenda to deliver digital, operational and cultural change for the long-term future of the market.
Bruce Carnegie-Brown, Lloyd’s chairman, says: “Since appointing John as CEO in 2018, he has made a tremendous contribution to Lloyd’s. Today we see excellent performance at Lloyd’s, real strategic intent and execution, and an industry-leading voice that is valued by governments, regulators and customers around the world.
“During 2025, John will continue to support both the planned succession of a new chair of the Council of Lloyd’s and the executive leadership transition.”
Neal adds: “I will be forever grateful to my colleagues and many others across the Lloyd’s market for the opportunity to put in place a framework that has delivered strong and sustainable financial performance and positions Lloyd’s for future success.
“At Aon, I am looking forward to supporting colleagues as they look to serve clients’ reinsurance needs and deliver smart insurance solutions that help address some of the world’s most pressing challenges, especially with regard to the climate transition.”