Tysers names Andrew Kendrick non-exec chair

Tysers Insurance Brokers has appointed former Chubb Europe president Andrew Kendrick as non-executive chair of its board.

The appointment is effective from 1 December and Kendrick will fully take over the role from current chair Peter Haynes once regulatory approval is granted.

The move follows the sale of London market broker Tysers to Australia-headquartered AUG Group for £550m.

Kendrick is a former non-executive director of Lloyd’s of London, the Lloyd’s Market Association and Russian Reinsurance Co.

He has more than 40 years’ experience in the insurance industry in the UK, Europe and Bermuda. His most recent high-profile role was as president and chairman of Chubb’s European operation.

Tysers director and AUB Group CEO, Mike Emmett, said: “I am delighted to welcome Andrew to the board of Tysers. Andrew is a highly regarded leader in the Lloyd’s, London market and European insurance industry, and brings strong knowledge, expertise and relationships in the London wholesale insurance market. His industry experience and understanding of the regulatory environment are highly valued and will add further depth to the Tysers board.”

Tysers CEO Clive Buesnel thanked Haynes, who will retire as Tysers chair once the handover to Kendrick is complete.

“Peter has been chairman since 2018 and has played a significant role in supporting the company through many changes, including the recent sale of the business to AUB Group,” he said.

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