The Lloyd’s Market Association (LMA) has announced the promotion of Patrick Davison to the role of Underwriting Director.
Davison has served as deputy underwriting director for the past 18 months, where he led the market’s response on both Covid-19 and cyber wordings in line with the Lloyd’s mandate.
The firm said his promotion is part of the “long-planned succession” for current underwriting director Jane Hayes, who will step into an executive director role. Hayes will continue to support the market, particularly with Lloyd’s Europe and other strategic projects.
LMA chief executive Sheila Cameron said: “Having successfully helped lead our underwriting team through the tumultuous events of the past 18 months, Patrick has demonstrated exceptional underwriting and leadership ability, which will continue to benefit the market in his new role as Underwriting Director. We are delighted to announce his promotion.
“I would like to thank Jane for her many outstanding contributions, particularly leadership and support of the Lloyd’s underwriting community during the pandemic where her professionalism and depth of underwriting expertise have been invaluable to us and to the market.”