Jim Bichard has been appointed by Lloyd’s, the world’s leading insurance and reinsurance market, as Chief Financial Officer. He will start in April 2026 and will become a member of Lloyd’s Executive Team and join the Council of Lloyd’s.

According to the press release, he will replace Alexandra Cliff who will be leaving Lloyd’s to pursue other opportunities.

“I’m delighted to welcome Jim to Lloyd’s. He brings a deep knowledge of the global insurance industry, as well as a clear-eyed view of how capital, risk and clients intersect in a changing world. Lloyd’s is entering an exciting phase, as we launch a new strategy with greater global ambition, strong momentum behind our market and a growing opportunity to support the global economy through innovation. Jim’s calibre, standing in the market and experience will be invaluable as we continue to build an exceptional leadership team for the future of Lloyd’s”, said Patrick Tiernan, Lloyd’s Chief Executive.

“I would also like to thank Alex for her significant contribution to Lloyd’s over the years. Her leadership has been important in strengthening the financial foundations of the Corporation and the market. In her time at Lloyd’s the finance team has sharpened our discipline and enhanced Lloyd’s appeal to an increasingly diverse and global pool of capital. I and the rest of the leadership team wish her all the very best for the next phase of her career”, Patrick Tiernan added.