Lloyd’s Appoints Aviva’s Tiernan to New Chief of Markets Position

Patrick Tiernan will be joining Lloyd’s of London in the newly-created role of chief of Markets, where he will will oversee market performance and distribution.

Tiernan will join Lloyd’s from Aviva where he is currently the managing director, UK Commercial Lines and Global Corporate and Speciality. He was also previously the chief financial officer of Aviva Insurance Ltd.

Tiernan has 24 years of experience in the insurance industry, including serving as Group chief operating officer at Starstone Insurance and chief executive officer of Zurich’s centrally managed businesses. He is chairman of the International Underwriting Association and sits on the London Market Group’s board of directors. He is also on the board of ClimateWise and the Innovation Working Group of the Bank of England’s Climate Financial Risk Forum.

John Neal, CEO of Lloyd’s, said Tiernan will drive Lloyd’s priorities “right across the market from customer and distribution, through to underwriting business and oversight.”