Lloyd’s confirms new Council line-up after election

Lloyd’s has made changes to its Council membership, with one reappointment made and one new member set to join the market’s governing body from 1 February 2026.

Richard Dudley, group chief broking officer at BMS Group, was re-elected, while Duncan Dale, founder and chief executive at Dale Underwriting Partners, secured the second open position.

The announcement came as long-standing Council member Andrew Brooks prepares to step down after nine years, including a stint as deputy chair since 2023.

Lloyd’s said the latest election cycle attracted three candidates for the two available roles. Sir Charles Roxburgh, chair at Lloyd’s, praised the calibre of participants and highlighted the market experience that Dudley and Dale would continue to bring to the Council.

Roxburgh said: “Dudley’s re-election is a testament to the significant value he brings to the Council and I looked forward to Dale contributing the deep expertise he gained over more than 40 years in the industry.

“I extend my heartfelt thanks to Brooks, who served with distinction during his tenure on Council, offering wise counsel, sound judgement and deep market insight. I am particularly grateful for his support during my first months as chair.”

Council overhaul

Dudley first became a member of the Society in 2012 and joined the Council in 2023. He is also president of the Insurance Institute of London and chair of Lloyd’s Technology and Transformation Committee.

Dale, who founded Dale Underwriting Partners in 2014, sits on the board of Dale Partners Group and chairs its executive committee. He also serves as a member of the Lloyd’s Market Association Board.

The Council of Lloyd’s comprises 15 members, with representation split between elected members, executives and nominated members. Working members serve three-year terms, which can be renewed up to a maximum of nine years.