Bruce Carnegie-Brown

Bruce Neil Carnegie-Brown (born December 1959)[1] is a British insurance broker and former investment banker who has been Chairman of the insurance market Lloyd’s of London since June 2017, and is vice chairman of Banco Santander. He was chairman of the price comparison website Moneysupermarket.com Group from April 2014 to May 2019.[2]

Bruce Carnegie-Brown
BornDecember 1959
Alma materUniversity of Oxford
OccupationBusinessman
TitleChairman, Lloyd’s of London
TermJune 2017 - present
Children4

Early life and education

Carnegie-Brown was born in December 1959 in Freetown, Sierra Leone. His father was a tobacco executive, and the family migrated often, including time in Libya and Jordan.[3] Bruce attended Cheltenham College,[4] joining Hazelwell House in 1973 and leaving in 1977. In 1978, he began a degree in English Language and Literature at Exeter College, Oxford graduating with a First Class Honours degree in 1981.[5][6]

Business career

After leaving university, Carnegie-Brown spent four years at Bank of America as an investment banker, before joining JP Morgan, where he worked for 18 years, including three years in Tokyo as head of their Asia-Pacific investment banking business from 1997 to 2000. He was a member of the Global Investment Banking Management Committee from 1997 to 2000 and a member of the Global Markets Management Committee from 2001 to 2003. [5][7] From 2003-2006 he worked for insurance broker Marsh & McLennan as CEO of its UK, European and Middle East businesses.[3][8] From 2006-2009, Carnegie-Brown was a founder and Managing Partner of 3i Quoted Private Equity plc, a private equity fund.

Carnegie-Brown was a Non-Executive Director of Close Brothers Group plc from 2006 to 2014; a Non-Executive Director of Catlin Group Ltd from 2010 to 2014; Chairman of Aon UK Ltd from 2012 to 2015; and a Non-Executive Director of JLT Group plc from 2016 to 2017.

He has been Chairman of Lloyd’s since June 2017, Chairman of Moneysupermarket Group plc since May 2014 and a Vice-Chairman of Banco Santander since February 2015. He is current president of the Chartered Management Institute.[9] He was also a trustee of Historic Royal Palaces from January 2015 until October 2019 and was a trustee of the Shakespeare's Globe Trust from 2006 to 2014. [5][10] He was appointed a Deputy Lieutenant of Greater London in 2015.

In 2019, Carnegie-Brown was appointed chairman of InsurTech start-up Cuvva.[11]

In October 2021 he will take over as Chairman of the Marylebone Cricket Club

Personal life

Bruce lives in Putney, London, and is married to Jane and has four children. [5] His brother, Ian Carnegie-Brown, is an investment banker at UBS.[12]

References
  1. Bruce Neil CARNEGIE BROWN Companies House
  2. "Bruce Carnegie-Brown appointed as Chairman of Lloyd's". Lloyds of London. 13 July 2017. Retrieved 10 August 2018.
  3. Unwin, Rosamund (13 May 2018). "We have to be the insurers' Amazon". The Times. Retrieved 12 August 2018.
  4. "Floreat Cheltonia" (11). January 2018: 3. Retrieved 6 March 2019. Cite journal requires |journal= (help)
  5. Bow, Michael (1 June 2018). "Business interview: Lloyd's chairman Bruce Carnegie-Brown rings the changes on a brave new era in Lime Street". London Evening Standard. Retrieved 12 August 2018.
  6. "Exter Matters" (PDF). Exeter College, Oxford. 2016.
  7. "Mr Bruce Carnegie-Brown". Banco Santander. Retrieved 10 August 2018.
  8. Griffiths, Katherine (25 May 2006). "UK head of world's largest insurance broker to quit". The Daily Telegraph. Retrieved 12 August 2018.
  9. "Bruce Carnegie-Brown named new CMI president". Chartered Management Institute. Retrieved 10 August 2018.
  10. "Bruce Neil Carnegie-Brown". market-screener.com. Retrieved 12 August 2018.
  11. Axling, Ida. "Lloyd's chairman Bruce Carnegie-Brown joins Cuvva". Insurance Age.
  12. https://www.fnlondon.com/articles/ubs-hires-ian-carnegie-brown-from-credit-suisse-20140915
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