Richard Ward (businessman)
Dr 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]
Richard 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
- ^ http://www.postonline.co.uk/post/news/2344374/cunningham-lindsey-names-former-lloyd-s-ceo-ward-chairman
- ^ https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/insurance/10249482/Sunday-Interview-Lloyds-of-London-boss-Richard-Ward.html
- ^ The University of Exeter Honorary Graduates 2009-10
- ^ 'On The Ward' (Richard Ward So Far), The Chartered Insurance Institute Journal, September 2012, p.16
- ^ London Evening Standard, Interview: Richard Ward Lloyd's of London (CV Milestones), 2012-01-27
- ^ IPE Chief Ward Becomes Vice Chairman Following Successful Adoption of All-Electronic Trading 2005-10-25
- ^ http://www.ft.com/cms/s/0/54113514-61ab-11e3-aa02-00144feabdc0.html#axzz3Mjp8JhSn
External links
- Richard Ward: The transformer, Insurance Day, January, 2015
- Cunningham Lindsey has London targeted in TPA push, Insurance Insider, November, 2014
- Q&A: Richard Ward: Passing the Lloyd's Baton, Post Online, October, 2013
- Dr Ward: Insurers face backlash over bank scandals, the Insurance Times, Sept,2013
- Lloyd's of London CEO Ward sets out moves away from risk amid euro fears, The Telegraph, May, 2012
- Arctic Oil Rush Will Ruin Ecosystem, Warns Lloyd's of London, The Guardian, April, 2012