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Fresh Start

In: On the Brink

Author

Listed:
  • Andrew Duguid

Abstract

It was a classic double act: as Chairman, the urbane David Rowland, who had been around Lloyd’s all his working life, and, as Chief Executive, Peter Middleton, the gaunt Northerner with the gravelly accent whose slightly exotic past had been 100 miles away from Lloyd’s. It looked good to a wide range of audiences. Most of the time, it worked almost as well as it looked. Both appointments owed much to the crisis. In more normal circumstances, Middleton’s complete unfamiliarity with Lloyd’s or insurance would have been considered a drawback, but now it was a positive factor, while Rowland’s need of a salary might have ruled him out for a role that had hitherto been unpaid.

Suggested Citation

  • Andrew Duguid, 2014. "Fresh Start," Palgrave Macmillan Books, in: On the Brink, chapter 4, pages 107-148, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-29930-7_4
    DOI: 10.1057/9781137299307_4
    as

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