Terry Hayday's Background
Terry Hayday is the Managing Director of, and a principal shareholder in, Optimum Consultants.
He has worked in the London Insurance Market since 1965 in insurance broking, underwriting and consultancy roles. He was instrumental in forming Holmes, Hayday (Underwriting Agencies) Limited in 1976 and he became Active Underwriter of Syndicate 694, managed by that agency.
After selling that managing agency in 1990, Terry Hayday has served on the board of a major publicly owned Lloyd's agency, helped form or develop four other managing agencies at Lloyd's while building the training facilities offered by Optimum Consultants.
Terry Hayday is a Fellow of the Chartered Insurance Institute (FCII) and a Chartered Insurer. He is a graduate of the University of Sussex, has an MBA from Cass Business School, City University of London and has served on advisory boards or delivered training modules at City University, Illinois State University, Buckingham University, Nottingham University, London Business School and the Saïd Business School, Oxford University.
Terry Hayday has been awarded a Distinguished Service Medal by the Chartered Insurance Institute and the President's Award by the Insurance Institute of London. He is a Liveryman and a Former Court Assistant with The Worshipful Company of Insurers. He also chaired their iNED Committee for six years (2013 to 2018), which provides educational forums for insurance Non-executive Directors (iNEDs).
Terry Hayday is currently involved with an initiative to create an insurance museum ("IM IN") in the City of London, following consultation with the Chartered Insurance Institute.
He retired from the post of Head of Professional Standards at the Lloyd's Market Association in June 2012, where he founded the LMA Academy.
Terry Hayday has held a wide range of senior managerial posts in the City. He is currently a Non-executive Director (and the Senior Independent Director / SID) on the Board of The Channel Managing Agency Limited (a subsidiary of SCOR, the French reinsurance company) which enables him to retain an active interest in the Lloyd’s Insurance Market.