Fresh Start

Andrew Duguid

Chapter 4 in On the Brink, 2014, pp 107-148 from Palgrave Macmillan

Abstract: 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.

Keywords: Action Group; Business Plan; Fresh Start; Corporate Capital; Corporate Member (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-29930-7_4

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DOI: 10.1057/9781137299307_4

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