Lloyd’s CEO receives damehood

Inga Beale, first female boss of Lloyd’s, has been made a dame for her services to the economy

Lloyd’s CEO receives damehood

Insurance News

By Louie Bacani

Industry figure and Lloyd’s of London chief executive Inga Beale has been made a dame in the Queen’s latest New Year Honours list.
 
Beale, the first female Lloyd’s boss and an ardent advocate of LGBT rights, received damehood for her services to the industry and the economy.
 
“Lloyd’s represents so much of what is good about British business and the insurance sector in particular,” Beale said, as quoted by The Guardian.
 
“This honour is a reflection of the work and commitment of everyone who works within the Lloyd’s market, enabling others to take risks that enable society to progress,” she added.
 
Beale said that she is also “incredibly proud” of Lloyd’s of London’s efforts to encourage diversity.
 
“When I think back to what the workplace was like 30 years ago, we have come a long way on our journey to become a truly modern, global and inclusive sector,” The Guardian quoted Beale as saying.
 
Apart from leading Lloyd’s, Beale also serves as an external member to the Government’s Financial Services Trade and Investment Board. In 2016, she joined the board of the Chartered Insurance Institute and the business advisory board of Mayor of London Sadiq Khan.
 
Beale was among the 1,197 people recognised in the recent New Year Honours list. According to the government, 74% of the recipients have undertaken outstanding work in their communities either in a voluntary or paid capacity.
 
Including Beale, 603 women candidates made it to the list, representing over 50% of the total number of awardees.
 
 
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