Lloyd’s confirms new Council member Alexander Baugh

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, today announced changes to its Council membership to fill an upcoming open vacancy.

The change to Lloyd’s Council is as follows:

• Alexander Baugh has been appointed as an independent nominated member of Lloyd’s Council, Chair of Lloyd’s Risk Committee and a member of Lloyd’s Audit Committee, subject to regulatory approval.
• Neil Maidment (the current Chair of Lloyd’s Risk Committee) will be stepping down from Lloyd’s Council at the end of January, having served as a member of the Council and the former Franchise Board for nine years.

Alexander Baugh is an AIG veteran who currently serves as a consultant to the group, having worked for the company for over 30 years in various US and international leadership roles. Most recently, Alexander served as President of the North America business for 18 months before taking on the role of Global Chief Underwriting Officer Liability and Financial Lines, a role he held until 2022. He was part of the General Insurance leadership team and served on the Ascot board for five years.