Lloyd's has named its new head of marketing and communications as David Peel.

Peel is joining the corporation from PR consultancy Weber Shandwick where he is a director. His past positions include working for the British Civil Service and a stint in the Prime Minister's press office.

He will be replacing Caroline Wagstaff who has held the position for four years.

Lloyd's chief executive Nick Prettejohn commented: "As a major international insurer and employer, Lloyd's communicates with audiences within the London insurance market, throughout the UK, and right across the world. The US is our largest single market, thus much of our effort has to be focussed there.

"David will play a vital role in ensuring all our key audiences are aware of developments here at Lloyd's and understand their implications."

Peel will take up his new role next month.

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