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Former Lloyd's CEO Richard Ward joins Cunningham Lindsey

Posted On: May. 13, 2014 12:00 AM CST

Former Lloyd's CEO Richard Ward joins Cunningham Lindsey

Cunningham, Lindsey Group Ltd. has appointed Richard Ward, former CEO of Lloyd's of London, as executive chairman of its board and Jane Tutoki as CEO, it announced Tuesday.

The appointments will take effect June 9, the Tampa, Florida-based loss adjusting and claims management company said in a statement.

Mr. Ward in December stepped down as CEO of Lloyd's after seven years in the post.

He currently serves as chairman of Brit P.L.C. and non-executive director of Partnership Assurance Group P.L.C.

Ms. Tutoki will join Cunningham Lindsey from AIG Property and Casualty, a unit of American International Group Inc., where she has been global head of claims operations since 2012.

Her appointment is part of a planned succession, Cunningham Lindsey said, that will see current president and CEO Philippe Bes, remain at the company as president through Aug. 31, after which he will retire.