Lloyd’s, the renowned insurance and reinsurance marketplace, has made a significant move by appointing Stephane Flaquet as its new Chief Operating Officer (COO), effective September 1st, 2025. Flaquet, who brings with him a wealth of experience from his 15-year tenure at Hiscox, will join the Lloyd’s Executive Team and report directly to Patrick Tiernan.
This strategic appointment comes at a crucial time for Lloyd’s as the insurance industry navigates through evolving challenges and opportunities. With his background in re/insurance and operational excellence, Flaquet is expected to play a pivotal role in driving Lloyd’s forward in an increasingly competitive landscape.
According to ReinsuranceNe.ws, the announcement of Stephane Flaquet as the new COO marks a significant milestone for Lloyd’s, showcasing the organization’s commitment to enhancing its operational capabilities and fostering growth. The move is seen as a strategic decision to bolster Lloyd’s position as a global leader in the insurance market.
The appointment of Flaquet is also aligned with Lloyd’s broader strategy to adapt to changing market dynamics and technological advancements. As the industry continues to embrace digital transformation and innovation, having a seasoned professional like Flaquet on board is expected to position Lloyd’s for sustainable growth and success in the long term.
Experts in the insurance and reinsurance sectors have lauded Lloyd’s decision to bring in Stephane Flaquet, citing his track record of driving operational efficiency and delivering results. Hiscox, where Flaquet previously served, has also expressed confidence in his capabilities and leadership qualities, underscoring the value he brings to Lloyd’s as it charts its course for the future.
The market impact of this appointment is likely to be felt across the insurance industry, with competitors and stakeholders closely watching how Lloyd’s under Flaquet’s leadership evolves its operational strategies and enhances its market position. The move is expected to generate interest and speculation within the sector, as industry players assess the implications of this key executive appointment.
In conclusion, Lloyd’s appointment of Stephane Flaquet as COO signifies a strategic shift towards operational excellence and growth. With his extensive experience and proven track record, Flaquet is poised to lead Lloyd’s through a transformative phase, driving innovation and efficiency to meet the evolving needs of the insurance market.
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References:
1. ReinsuranceNe.ws. “Lloyd’s hires Stephane Flaquet from Hiscox as Chief Operating Officer.” [https://www.reinsurancene.ws/lloyds-hires-stephane-flaquet-from-hiscox-as-chief-operating-officer/]
2. AM Best. “Lloyd’s Appoints Chief Operating Officer.” [https://news.ambest.com/newscontent.aspx?AltSrc%3D23%26RefNum%3D267966]
3. AM Best. “Howden US Appoints Chief Executive Officer.” [https://news.ambest.com/newscontent.aspx?AltSrc%3D23%26RefNum%3D267978]
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