Lloyd’s of London announced today that its Director of Performance Management, Tom Bolt, has decided to leave the Corporation in mid-2016, after almost seven years of front line service.
Tom was appointed in September 2009, and is a member of Lloyd’s Executive Team. He is responsible for the commercial oversight of the Lloyd’s market, working with individual syndicates to improve the market’s overall performance.
During Tom’s tenure, he led the introduction of a Minimum Standard framework for Lloyd’s managing agents, delivered the Claims Transformation Programme that significantly improved the speed of claims payments and oversaw significant improvements that have underpinned growth in Delegated Authority distribution network.
Inga Beale, Chief Executive Officer at Lloyd’s said:
“Tom has made an outstanding contribution to the strength and success of the Lloyd’s market as it is today. He is respected and admired in the market, working closely with the underwriting community to ensure that the Lloyd’s market can flourish in what have been challenging times. I have enjoyed working alongside Tom immensely and wish him every success in the future.”
Tom Bolt, Director of Performance Management said:
“Working at Lloyd’s has been a highlight of my career, and the decision to leave a difficult one. I have enjoyed working alongside the market and my team at Lloyd’s, and proud of what we have achieved together. However the time is now right for me to hand over the reins and explore new opportunities”.