Lyles will play a key role in driving the group’s expansion in the commercial insurance market, providing “first rate” industry knowledge and experience.
Lyles will bring with her 35 years’ experience in underwriting and general management in global commercial insurance. She has a “track record” of building global geographic and distribution functions as well as specific country leadership and underwriting management.
Having held senior positions at AXA XL and XL Catlin, she most recently served as CEO, client and country management at the firm. Prior to that, she held the role of head of speciality lines for EMEA at AIG. She joined AIG as an underwriter in 1985 and spent nearly thirty years with the organisation.
Commenting on her new position, Lyles said: “Commercial insurance is ripe for transformation, given today’s competitive market along with changes we’ve already seen in personal lines and other areas of financial services.
“Cytora is at the cutting edge of innovation in the industry and has an excellent reputation in the market, which is why I’m so excited about this opportunity. While I bring a solid insurance background to the table, I’m also looking forward to learning from the high calibre of people in the company and collaborating to transform an industry poised to embrace real change.”
Richard Hartley, CEO Cytora, added: “Kelly is such an influential and well-respected figure in commercial insurance, so we couldn’t be happier to welcome her as the newest member of Cytora’s advisory board.
“Kelly’s breadth of experience, particularly within commercial P&C, will help us to build solutions that truly empower underwriters, while removing the gap between underwriting strategy and frontline execution. We’re delighted to have her on the team, supporting us on our journey to transform commercial insurance.”