Lloyd’s announced today it has appointed LoriAnn Lowery, a former executive with Wells Fargo’s insurance unit, as its new president of Lloyd’s North America.
Ms. Lowery, Lloyd’s said, will report to Sue Langley, director of market operations and North America.
Based in New York, Ms Lowery will be responsible for all business operations across the U.S. and Canada, including business development and distribution as well as communications and marketing. She will start next week, Lloyd’s said.
Ms. Lowery has 20 years of insurance industry experience, serving most recently as managing director and national practice leader for Chicago-based Risk Management and Financial Products at Wells Fargo Insurance Services.
She previously has held the position of managing director with Marsh & McLennan’s Advanced Risk Solutions Practice, as director with Sedgwick North America, and senior vice president and executive vice president with Intercontinental Brokerage Inc.
Upon making the announcement Ms. Langley noted: “I am delighted that LoriAnn will be joining Lloyd’s as the new president of North America. She has the unique mix of insurance and business knowledge and skills that we were looking for. She will be instrumental in taking our U.S. platform to the next level.”
“This will be increasingly important moving forward as the U.S. and Canada make up 44 percent of our business and we remain committed to continuing to service the needs of policyholders by developing our presence and deepening our existing relationships,” she added.
Ms. Lowery said, “The opportunity to join a world-renowned brand, such as Lloyd’s, comes once in a lifetime. I am looking forward to working with Sue and the team across North America and Canada to build on the excellent reputation the market has.”
Lloyd’s North America has offices in Montreal, New York, Kentucky, Illinois, Los Angeles and the U.S. Virgin Islands. It is licensed in Kentucky, Illinois and the U.S. Virgin Islands. The market also is registered as eligible surplus lines insurers in all U.S. jurisdictions except Kentucky and the U.S. Virgin Islands.