Lloyd’s has announced updates to its Council membership following this year’s election, confirming two appointments to fill working member vacancies.
Richard Dudley has been re-elected to the Council, while Duncan Dale will join as a first-time member. Both appointments take effect on February 1, 2026.
The election follows the departure of Andrew Brooks, who stepped down after nine years on the Council, including serving as deputy chair since 2023. His exit closes a chapter of governance stability during a period in which Lloyd’s has faced heightened regulatory scrutiny, accelerated market modernisation, and rapidly evolving risk exposures.
Dudley, group chief broking officer at BMS Group, brings continued emphasis on technology adoption and operational transformation, along with extensive experience across broking and syndicate management. His reappointment provides continuity for Lloyd’s digitalisation and efficiency initiatives—central to maintaining the market’s competitiveness amid shifting industry dynamics.
Dale, founder and CEO of Dale Underwriting Partners, adds deep expertise in specialty underwriting and managing agency operations. His arrival on the Council is expected to strengthen strategic oversight of syndicate performance, capital deployment, and product development, supporting Lloyd’s ambitions to reinforce underwriting discipline and long-term market resilience.
Lloyd’s chair, Charles Roxburgh, described the election as highly competitive, emphasising Dudley’s value in maintaining momentum while highlighting Dale’s four decades of market experience. The refreshed Council will help guide Lloyd’s strategic direction, including efforts to improve underwriting performance, enhance risk governance, and push forward the market’s modernisation agenda.
Together, Dudley’s operational insight and Dale’s underwriting acumen are likely to shape how Lloyd’s engages with regulators and market participants, potentially influencing the pace of reforms in areas such as risk appetite, data-led decision-making, and capital efficiency. Overall, the updated Council positions Lloyd’s to respond more effectively to emerging risks while reinforcing its role as a global leader in insurance and reinsurance.
