Lloyd’s announced that Mark Cooper has been appointed as the market’s first Country Manager for Dubai. Beginning in February he will head up Lloyd’s new operation in the Dubai International Financial Centre (DIFC), “managing the platform and supporting Managing Agents in developing their business across Gulf countries and the wider Middle East and North Africa region.”
Cooper joins Lloyd’s from the DIFC Authority (DIFCA), where he is currently Sector Head – Insurance, Reinsurance & Captives. In that role he “provided support and guidance to Lloyd’s Managing Agents setting up in Dubai in preparation for the launch of Lloyd’s Dubai platform. He previously held roles in the Middle East for Royal & Sun Alliance and Zurich.”
Cooper indicated that he believes “Lloyd’s commitment to the Middle East and North Africa as part of Vision 2025 is very exciting; adding that the “Lloyd’s market’s professionalism and expertise are well suited to what is one of the world’s fastest growing markets.”
Cameron Murray, Head of UK, Ireland, Middle East & Africa at Lloyd’s, noted Cooper’s “wealth of knowledge of the region and hands-on experience of working with Lloyd’s Managing Agents looking to exploit new opportunities in this exciting part of the world.”
Vincent Vandendael, Lloyd’s Director, International Markets added: “Lloyd’s has responded to demand from Managing Agents to establish a presence in Dubai as part of Vision 2025. Mark’s extensive experience in the Middle East and strong knowledge of the Lloyd’s market make him the ideal person to lead our Dubai operations and I am very pleased he will be joining us.”
Source: Lloyd’s of London
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