London, 06 January 2026: Sean McGovern has become the new Chair of the Lloyd’s Market Association (LMA) for a three-year term, effective 01 January 2026. Sean currently leads AXA XL’s insurance business in the UK & Lloyd’s market. He is Chief Executive Officer, UK & Lloyd’s and a Director of their managing agent, AXA XL Underwriting Agencies Ltd. He is also a member of the Council of Lloyd’s, a trustee of the Lloyd’s Patriotic Fund and was previously Chair of the London Market Group.
Sean joined XL Group in 2016 as Chief Compliance Officer, Head of Regulatory & Government Affairs, before later being appointed General Counsel. Prior to this he worked at the Lloyd’s of London Corporation for 20 years where he held leadership positions including Chief Risk Officer & General Counsel and was a member of the Lloyd’s of London Franchise Board from 2014-2016.
Sean replaces the LMA’s outgoing Chair Andrew Brooks.
Sheila Cameron, Chief Executive Officer of the Lloyd’s Market Association, said: “I am deeply grateful to Andrew Brooks for serving an unprecedented two terms as our Chair, helping to see us through the challenging years around Covid and into the current era of stable profitability for Lloyd’s and its members. Andrew’s support and passion for the LMA and our market have been pivotal, both to me personally and to the LMA as a whole.
“I look forward now to working with Sean McGovern as our new Chair. He brings such a wealth of relevant experience to this role, which will deliver enormous benefits to our members and our Board as we navigate a new year and a new half decade. Sean is a hugely respected market leader, deeply passionate about Lloyd’s and the Lloyd’s market, and is committed to making them the best that they can be.”
Sean McGovern, Chief Executive Officer, UK & Lloyd’s and Chair of the Lloyd’s Market Association, said: “The strength and depth of the LMA’s technical expertise is unrivalled, helping to maintain Lloyd’s position as the world’s leading marketplace for complex risk. I am looking forward to working with the LMA Board and Executive and ensuring their work continues to make an impact towards the ongoing success of the Lloyd’s market.
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Notes to Editors
Media relations contacts
LMA:
Carole Porter, Head of Marketing and Communications | +44 20 3307 3947 | Email: carole.porter@lmalloyds.com
Omnia Partners:
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About the Lloyd’s Market Association (LMA)
The Lloyd’s Market Association (LMA) exists at the very heart of Lloyd’s, a world-leading global marketplace for complex risk where solutions to challenges are delivered every day. The Lloyd’s Market Association represents the interests of 59 Lloyd’s managing agents and members’ agents.
We represent our members’ interests to organisations including governments, regulators, and the market’s central supporting body, the Corporation of Lloyd’s. We provide professional and technical expertise in areas ranging from model policy wordings to the implementation of innovative technologies. We connect with our members to identify and resolve issues facing the market, and work in partnership with Lloyd’s and the other market associations to influence initiatives and outcomes. We operate the market’s most comprehensive technical education service, the LMA Academy. For more information visit: www.lmalloyds.com.