Chris Mackinnon of Lloyd’s is set to become the insurance body’s regional director for Asia, the Pacific, Middle East and Africa.
Mackinnon will replace Iain Ferguson, who is due to retire at the end of 2024. He will take on his new duties in April.
The new boss is an industry veteran with more than three decades of international experience.
Mackinnon’s senior roles have spanned broking, sales, strategy, operations, regulation, compliance and management.
He has worked at Lloyd’s for nine years, primarily serving as regional head of Australia & New Zealand, and Lloyd’s general representative in Australia.
The senior executive has been responsible for market development and liaising with regulators in Australasia.
In April last year, Mackinnon was named deputy regional director for Asia Pacific Middle East & Africa.
He also serves as a non-executive director at the Insurance Council of Australia, which represents Australia's general insurance industry.
A Lloyd’s spokesperson said: “Iain Ferguson will be retiring as the Lloyd’s regional director for APMEA on 31 December 2024.
“He will be succeeded by Chris Mackinnon who will build on Iain’s successful tenure and excellent leadership in the region from 1 April this year. We’d like to thank Iain for his work and wish him well in the future.”
Veteran executive Gary Dransfield has been appointed chair of Emergence Insurance.
Dransfield has worked in the insurance sector for
26 years and is a former president of both the Insurance Council of Australia and the Insurance Council of New Zealand.
He currently chairs the Association of Superannuation Funds of Australia and Hollard Insurance Australia, and is a non-executive director at the medical defence organisation MDA National Insurance and Australian Financial Complaints Authority.
Dransfield was Suncorp Group CEO of Insurance until July 2020, joining the group in 2009.
While at Suncorp, he held various executive positions including head of Vero New Zealand and head of personal insurance. Before that, he was with IAG for more than a decade.
Emergence founder and CEO Troy Filipcevic
said it was “brilliant” to have Dransfield join the company’s board.
Dransfield joins Filipcevic and Steadfast Group CEO Robert Kelly on the board.
Filipcevic said: “In line with the company’s strong growth and future strategic plans, Gary will guide Emergence with advice on governance, structure and execution. I look forward to working closely with him to bring our strategic plans to fruition.
“He’ll be hands on with all the Emergence team. I want Gary’s fingerprints on Emergence.”
Dransfield said he would work to help the business become more resilient and focus on growth opportunities.
“Cyber insurance is relevant right across the economy and for all organisations, making it a great sector to be involved in.”
