Richard Ward (businessman)


Richard Ward joined Cunningham Lindsey as Executive Chairman in June 2014. Cunningham Lindsey is a provider of claims management and risk service solutions, with over 7,000 employees in 60 countries.
In addition to Cunningham Lindsey, Ward is Non-Executive Chairman of Brit plc, a specialty insurer and reinsurer. He also serves as Non-Executive Director of Partnership Assurance Group plc and is a member of the PRA Practitioner Panel, Bank of England.
Prior to these roles, Ward was Chief Executive of Lloyd's of London, from 2006 to 2013.
Ward previously worked for over ten years at the London-based International Petroleum Exchange, the second largest energy trading exchange - re-branded ICE Futures, as both Chief Executive Officer and Vice-Chairman.
Prior to the IPE, Ward held a range of senior positions at British Petroleum and was Head of Marketing & Business Development for energy derivatives worldwide at Tradition Financial Services.
Between 1982 and 1988, Ward worked as a Senior Physicist with the Science and Engineering Research Council, leading a number of research development projects.
He is married with two children and lives in London.

Education

He graduated from the University of Exeter with a BSc, 1st Class Hons in Chemistry and holds a PhD in physical chemistry.

Career

His initial career was as an applied scientist, first for the government agency SERC, at the Rutherford Appleton Laboratory near Oxford and later for British Petroleum, where he moved into management.
He was Chief Executive of the International Petroleum Exchange from 1999-2005 and Vice Chairman from 2005-2006, before taking up the position at Lloyd's.
In addition to Cunningham Lindsey, Ward is Non-Executive Chairman of Brit Insurance, a market-leading global specialty insurer and re-insurer. He also serves as a Non-Executive Director of Partnership Assurance Group Plc. Ward is a member of the PRA Practitioner Panel, Bank of England.