LLOYD's of London re/insurance marketplace has appointed AVIVA's Patrick TIERNAN to the newly created role of Chief of Markets, which will oversee market performance and distribution.

Currently, TIERNAN is the Managing Director, UK Commercial Lines & Global Corporate & Speciality - AVIVA, and previously the Chief Financial Officer of AVIVA Insurance Limited.

Patrick 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 (IUA) 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.