Insights
Stephane Flaquet announced as Lloyd’s COO
Posted 07/08/2025 – Insights
Lloyd’s has announced Stephane Flaquet as the new Chief Operating Officer (COO) of the Corporation. He joins from Hiscox, where he was the Group Chief Operations and Technology Officer, and will begin on the 1st September, replacing Lloyd’s interim COO George Marcotte. He will be responsible for Lloyd’s operation strategy, Lloyd’s technology, data and change portfolio, including Blueprint Two implementation.
Patrick Tiernan, Lloyd’s Chief Executive Officer, said: “After a thorough search I am confident that Stephane is the right person to lead Lloyd’s Operations function and execute the operations strategy. Stephane’s experience will be integral to delivering operational excellence, flexibility and scalability to the Corporation and the market. This will drive efficiencies and modern working practices to meet the challenges of our evolving insurance market. I look forward to having him in my team.”
Alpha comment
Blueprint Two has been a troublesome project at Lloyd’s for a number of years now. It was hailed as a prioritisation of the previous Lloyd’s executive team, but its implementation has been fraught with difficulty and delays. Stephane will be an integral part in ensuring the project is completed to help start digitalise Lloyd’s processing and be a key driver to reduce the overall cost of conducting business at Lloyd’s.