Richard Ward (businessman)

Richard Ward (born 1957) joined Cunningham Lindsey as Executive Chairman in June 2014.[1] Cunningham Lindsey is a provider of claims management and risk service solutions, with over 7,000 employees in 60 countries.

In addition to Cunningham Lindsey, Ward is Non-Executive Chairman of Brit plc, a specialty insurer and reinsurer. He also serves as Non-Executive Director of Partnership Assurance Group plc and is a member of the PRA Practitioner Panel, Bank of England.

Prior to these roles, Ward was Chief Executive of Lloyd's of London, from 2006 to 2013.[2]

Ward previously worked for over ten years at the London-based International Petroleum Exchange (IPE), the second largest energy trading exchange - re-branded ICE Futures, as both Chief Executive Officer and Vice-Chairman.

Prior to the IPE, Ward held a range of senior positions at British Petroleum (BP) and was Head of Marketing & Business Development for energy derivatives worldwide at Tradition Financial Services.

Between 1982 and 1988, Ward worked as a Senior Physicist with the Science and Engineering Research Council, leading a number of research development projects.

He is married with two children and lives in London.

Education

He graduated from the University of Exeter with a BSc, 1st Class Hons in Chemistry and holds a PhD in physical chemistry.[3]

Career

His initial career was as an applied scientist, first for the government agency SERC,[4] at the Rutherford Appleton Laboratory near Oxford and later for British Petroleum, where he moved into management.[5]

He was Chief Executive of the International Petroleum Exchange (IPE) from 1999-2005 and Vice Chairman from 2005-2006, before taking up the position at Lloyd's.[6]

In addition to Cunningham Lindsey, Ward is Non-Executive Chairman of Brit Insurance,[7] a market-leading global specialty insurer and re-insurer. He also serves as a Non-Executive Director of Partnership Assurance Group Plc. Ward is a member of the PRA Practitioner Panel, Bank of England.

References
  1. "Cunningham Lindsey names Richard Ward as chairman". Insurance Post. 2014-05-13. Retrieved 2020-08-28.
  2. Quinn, James (2013-08-17). "Sunday Interview: Lloyd's of London boss Richard Ward". ISSN 0307-1235. Retrieved 2020-08-28.
  3. The University of Exeter Honorary Graduates 2009-10
  4. 'On The Ward' (Richard Ward So Far), The Chartered Insurance Institute Journal, September 2012, p.16
  5. London Evening Standard, Interview: Richard Ward Lloyd's of London (CV Milestones), 2012-01-27
  6. IPE Chief Ward Becomes Vice Chairman Following Successful Adoption of All-Electronic Trading 2005-10-25
  7. "Subscribe to read | Financial Times". www.ft.com. Retrieved 2020-08-28.
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