Lloyd's swoops for Zurich boss

Lloyd’s has appointed Vincent Vandendael as director of international markets.

Vandendael will take up his role by the end of this year and will be responsible for the development and management of all Lloyd’s global operations outside North America, looking for opportunities to promote and strengthen the market around the world.

He joins Lloyd’s from Zurich Insurance Company where he was most recently chief executive of the global corporate unit in Asia-Pacific. He will be based in London.

Lloyd’s chief executive Richard Ward said: “I am delighted Vincent is joining the Lloyd’s executive team. The continued development of Lloyd’s global reach is a key part of our Vision 2025. As we look to cement our position as the global centre for specialist insurance and reinsurance, the international insurance experience that Vincent brings, in particular from the fast-growing Asia-Pacific economies, will be invaluable to us.”

Vandendael said: “Lloyd’s is the world’s number one specialist insurance brand and I’m thrilled to be joining at such an exciting time in its history. As the market looks to further develop its global presence, I’m excited about the challenge of driving forward the international agenda.”