New IIL President for 2024-25 announced

30 September 2024

Lucy Clarke, President - Risk and Broking at WTW, took office as the new President of the Insurance Institute of London (IIL) for 2024-25 at the AGM on Monday 30 September.

The Insurance Institute of London announces the election of Lucy Clarke as its new President for 2024-25.

Lucy joined WTW in 2024 with over 25 years of industry experience focused on exceptional client service, specialty classes and insurance placement. Prior to joining WTW, Lucy was the President of Marsh Specialty & Global Placement from 2019-2023 and was previously with the JLT Group for 17 years, holding diverse leadership roles, including Chief Executive Officer of JLT Global Specialty.

Lucy has a bachelor's degree from Vanderbilt University in English and Economics. She served as Deputy President of the Insurance Institute of London from 2022 to 2024.

Lucy is the first female to hold the role in the Institute’s 117-year history.

Commenting on her election Lucy said "I am delighted to be President of the Insurance Institute of London and appreciate the opportunity to serve its people and support its vital work. I would like to thank the Institute’s members for electing me and thank Dominick Hoare for his excellent leadership."

"We are living in one of the most rapid and radical periods of change and progress in human history, one which promises a wealth of unprecedented advancements but also some daunting challenges. The Institute’s role in cultivating ongoing knowledge and raising the standard of professionalism in our industry has never been more important. These are consequential times for our clients, and we must ensure that we are ready to support them as they face increasingly complex risk landscapes."

8 August 2024

IIL announces a new committee focussing on Nature & Sustainability

It’s often been said that Insurance is the great safety net of the modern economy, allowing risk transfer across borders, through demographics and providing the incentive and ability for commerce to continue and flow even through the harshest challenges. As climate change, land-use change, pollution, natural resource use and exploitation and invasive species cause more impact on a global scale the need for insurance to rise and transform to meet this challenge grows with it, and the modern cohort of insurers and insurance professionals has to ensure that they are at the forefront of revolutionary thinking when it comes to ways to transfer risk in a sustainable way. The formation of the IIL’s standalone Nature and Sustainability committee comes at a time when forward-thinking insurance professionals are required not only in environmental-focused lines of business but across all versions and varieties of insurance. From loss adjusting to underwriting, broking and actuarial roles, nature and sustainability will need to be considered and incorporated into the thinking behind all decision-making processes within the insurance world. This is not only about how we accommodate a changing risk environment but, perhaps more importantly, how we provide support for those individuals and entities who are actively trying to promote awareness and positive change in collaborating alongside nature – be they within or without the insurance sphere.

17 October 2024

Are you interested in equality, diversity and inclusion in London's insurance and financial planning sector?

Volunteer with the Insurance Institute of London's Inclusion & Diversity Committee? By joining us, you'll have the opportunity to influence the IIL's output in this area, gain valuable experience, and contribute to the betterment of our industry.

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