Lancashire Insurance names successor for retiring CEO

07-11-2019

Hayley Johnston will become the new chief executive officer of Lancashire Insurance Company some time in the Spring of 2020. 

Hayley will succeed Elaine Whelan, who is set to retire at the end of February 2020. The precise date the appointment will become effective is yet to be finalised, Lancashire said. 

Meanwhile, James Flude will assume the role of chief underwriting officer at Lancashire Insurance Company (UK), a role previously held by Johnston. 

Both appointments are subject to all relevant regulatory and governance approvals. 

Hayley joined Lancashire in 2007 as a marine and aviation underwriter and outwards reinsurance manager, before rising to take the top UK underwriting role in 2014. 

Flude joined Lancashire in 2014 as head of marine and energy underwriting and then took on the additional role of deputy chief underwriting officer in 2017. 

Alex Maloney, Lancashire group CEO, said of the appointments: “Both are longstanding colleagues and valued members of our management team, and each one will bring fresh perspectives and strategic vision to their new roles.” 

Whelan’s replacement for her role as group chief financial officer role will be announced by the end of this year, he added. 

Lancashire Insurance Company, Hayley Johnston, Elaine Whelan, James Flude, Alex Maloney

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