New IIL President for 2023-24 announced

Dominick Hoare is the Group Chief Underwriting Officer of the Munich Re Syndicate (formerly the Watkins Syndicate), which is managed by Munich Re Syndicate Ltd. He has more than 30 years' worth of experience in the Lloyd’s market and is a Chartered Insurer. He joined the Munich Re Syndicate in 1994.

The Munich Re Syndicate is a leading provider of Specialty insurance in both the Lloyd's market and in the International market. In addition to the responsibility for the underwriting function of the Munich Re Syndicate, Dominick Hoare also has responsibility for the underwriting function of the Group’s overseas offices including Dubai, Singapore, China and the USA.

He is also a Director of Munich Re Syndicate Ltd and Munich Re Specialty Group. A Director of Lloyd’s Market Association, a past Chairman of both the Offshore Energy Committee of the International Union of Marine Insurers and the Joint Rig and Associated Business Committee in the London market, and until recently was a member of the Executive Committee of the International Union of Marine Insurers.

He is also a member of the Council of Lloyd's, a current member of the Lloyd's ESG Committee and the Underwriting Advisory Group.

Commenting on his election Dominick said "It’s a great privilege to take on the presidency of our institute and to do so at such a fascinating time for both the insurance industry and the world.

At times like these we are reminded of the value of stable partners, and the IIL has a vital role to play in supporting all of our clients through such periods."

A full transcript of Dominick's AGM address can be found here.