Howden Broking Group is pleased to announce that its UK subsidiary, Howden Insurance Brokers Limited has appointed Lorraine Adlam as Chairman. In addition to her role as leader of the Group’s Financial Institutions practice, Ms Adlam will step up from her current position as a Board member to chair the Board and to provide guidance, support and challenge to CEO Tim Coles for his duties and responsibilities to Howden Insurance Brokers.
Coles, CEO of Howden Broking Group, said, “I am delighted that Lorraine has agreed to accept the position of Chairman. The appointment is fantastic news for the group as a whole and our UK business in particular. As we are a fast growing and dynamic business, it is all the more important that our governance is robust and of the very highest standards. The Board is confident that Lorraine’s approach, perspective and extensive experience will help guide the company to even greater success.”
Ms Adlam commented, “I am looking forward to taking on this new responsibility and to working with Tim and the Board in my capacity as chairman of Howden Insurance Brokers. This will be alongside my current focus on our Financial Institutions clients across the wider Broking Group, particularly in the UK with Howden Risk Partners as we look to further develop our insurance practice within the financial community.”
Ms Adlam joined Howden in 2008 as a Director on the Board of Howden Insurance Brokers and as Financial Institutions Practice Leader for the Howden Broking Group. She started her career at Sedgwick Ltd where she worked for 5 years as a financial institutions broker. She also spent 15 years with SVB Holdings plc (since renamed Novae) where her roles included Financial Institutions underwriter for Syndicate 1007, CEO of SVB Syndicates, the Lloyd’s Managing Agency, and a member of the main board following the Group’s listing on the London Stock Exchange. She has also worked for the Corporation of Lloyd's, and for Aon where she headed the UK Retail practice within its Financial Services Group.