CEO John Neal will leave in 2025 to join insurance broker Aon , the commercial insurance market said on Wednesday, as it faces pressure to speed up automation and improve conduct.

Lloyd’s of London chief executive John Neal will leave the world’s oldest insurance market this year to take a new job leading the reinsurance and climate divisions at Aon, one of the industry’s biggest brokers.

John Neal was appointed chief executive of the insurance marketplace in 2018 and has been at the helm of the business through a turbulent economic and political environment

Lloyd’s of London chief executive officer John Neal is set to leave his position this year to join Aon. Neal was in the leadership position at Lloyd’s for over six years, having joined from QBE, where he was the group CEO for over five years.

Lloyd’s CEO John Neal will step down later this year and move to Aon, where he will take up the dual role of CEO of global reinsurance and global chair of climate, Insurance Insider can reveal.

Lloyd’s, the insurance marketplace, announced that its Chief Executive Officer, John Neal, will step down in 2025 to join Aon plc as Global CEO of

John Neal, chief executive officer of Lloyd’s of London, is set to leave the historic insurance market place for a new role overseeing Aon Plc’s climate solutions and reinsurance businesses.

John Neal is to leave his chief executive position at Lloyd’s to join Aon, the global professional services firm, as global chairman of climate solutions and global CEO of reinsurance. Aon said the

Insurance market Lloyd's of London said on Wednesday that Chief Executive John Neal would leave in 2025 and join U.S. insurance broker Aon. Neal will become global chief executive of Aon's reinsurance business and global chairman of climate solutions,