The Lloyd’s Market Association (LMA), which offers professional and technical support to the Lloyd’s underwriting community, has named John Levett as the head of regulatory affairs.

Reporting to LMA legal director Arabella Ramage, Levett’s new role will see him continue the work he began in October 2023, when he joined the association as senior executive, regulatory affairs.

Levett assumes the new role immediately.

His experience includes a stint at RSA Insurance as senior regulatory lead and a five-year term at the FCA as a technical specialist in general insurance compliance.

In addition, his expertise in product governance-related thematics and his leadership of the LMA committee for environmental and climate litigation will be instrumental in his new position.

Levett said: “I am delighted to be taking up this role at such an important time for our industry and our members. Smarter regulation can only help reinforce the London market’s global reputation as the centre of insurance and reinsurance technical expertise.”

Assisting Levett will be Alex Sheehan, who recently moved to the LMA as senior executive, regulatory affairs.

LMA CEO Sheila Cameron said: “As well as wishing John all the very best in this new role, I would like to extend my thanks to his predecessor Steve Morrell for all his hard work over many years for the LMA.”

The LMA represents the interests of all 55 Lloyd’s managing agencies, which together hold a market stamp capacity of around £52.6bn ($68.4bn) for 2024.

The association also serves all Lloyd’s members’ agents, engaging with governments, regulators and the Corporation of Lloyd’s.