New York City

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Lloyd's of London is in the market for a new U.S. leader withthe exit this summer of LoriAnn Lowery as president of Lloyd'sNorth America, the National Underwriter has learned.

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Ms. Lowery told NU about her imminent departure during lastweek's annual Lloyd's New York City Dinner.

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She said she was leaving toachieve a better balance between her working life and her newfamily in Texas, stating that she is looking forward to taking onanother substantive role in the insurance industry closer tohome.

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She emphasized to NU that she has no other position currentlylined up, but opted to give Lloyd's three-months notice early inMay to assure a smooth transition once she had made her decision tomove on.

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Ms. Lowery joined Lloyd's in late April 2008, making her debutat last year's annual Risk and Insurance Management Society annualconference–taking over for Wendy Baker, who left in January2008.

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She assumed control of the market's operations across the UnitedStates and Canada, including business development and distribution,as well as communications and marketing.

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Before joining Lloyd's, Ms. Lowery had booked over 20 years inthe insurance brokerage industry, most recently as managingdirector and national practice leader for risk management andfinancial products for Wells Fargo Insurance Services. She hadpreviously held positions at Marsh & McLennan, Sedgwick andIntercontinental Brokerage.

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