Michael Wade of Trafalgar Park

Who is Michael Wade of Trafalgar Park?

Michael John Wade, born May 22, 1954 is a British executive with experience in listed PLCs, most notably at Lloyd's of London. Throughout his career Wade has worked within the Lloyd’s insurance market where he has been Chairman or CEO of many firms as well as creating a number of programmes through various types of pro bono work. Wade has been Chairman of Besso Insurance Group Ltd since 2011.

Before his position with Besso, Wade was the Chairman of Optex Group Ltd from 2006 before it was acquired by Besso Limited in 2011. Wade also spent several years at the non-executive Chairman Lloyd’s broker Bowood Holdings before an September 2008 trade sale.

Wade partnered with John Holman & Sons in 1980 to form Holman Wade Ltd specialising in reinsurance. This firm was merged into Horace Clarkson in 1984 and then floated on the London Stock Exchange in 1986 as Horace Clarkson plc.

He resigned from Clarksons with Sir Peter Parker in 1993 to work on forming the CLM Insurance Fund plc which was one of the first ‘corporate capital’ vehicles at Lloyd’s which Wade had pioneered during the Lloyd’s crisis leading up to 1992.