Executive Director Appointment

Lancashire announces the appointment of Paul Gregory as an Executive Director on the Lancashire Board with effect from 1 May 2024.

Since May 2014 Mr. Gregory has served as the Lancashire Group Chief Underwriting Officer, with responsibility for oversight of the Group’s underwriting operations, and as a member of the executive management team.

Prior to joining Lancashire, Paul was an energy underwriter at AIG, having started his career as an account executive at Marsh. Paul joined Lancashire in 2007 as an energy underwriter and was appointed Chief Underwriting Officer of Lancashire Insurance Company (UK) Ltd in 2009. Paul held the role of Chief Executive Officer of Lancashire Insurance Company (UK) Ltd between 2014 and 2019 and has been a member of LHL’s Underwriting and Underwriting Risk Committee since 2010. Since 2021, he has served as Chief Executive Officer of Lancashire Capital Management.

Alex Maloney, Chief Executive Officer, said:

“We are delighted to welcome Paul to the Board. Paul has been a trusted colleague, adviser and a valued member of our senior management team for many years. He is a welcome addition to our Board.”

Philip Broadley, Chair of the Lancashire Board, said:

“Paul’s knowledge of our business, leadership skills and deep industry knowledge will add great value to the Board and help us to deliver on our strategic objectives.”

Lancashire has been notified that there are no further details required to be disclosed with respect to the above, pursuant to paragraph 9.6.13R of the Listing Rules.