AEGIS London announces positive full year results London, UK — AEGIS London, Lloyd’s Syndicate 1225, a subsidiary of AEGIS (Associated Electric & Gas Insurance Services Limited), has announced its financial results for the year ending 31 December 2024. Highlights are as follows: The syndicate posted a UK GAAP profit of £247m, u...
London, UK – AEGIS London has appointed Charity Bare to be Chief Risk and Compliance Officer to support its continued focus on maintaining its position as a top quartile Lloyd's performer while retaining robust risk controls. Charity will report to Alex Powell, CEO of AEGIS London, and be part of the Executive Leadership Team. She will be resp...
London, UK – AEGIS London, a leading Lloyd's syndicate, has appointed William Cullen as a Non-Executive Director, helping to strengthen its Board. Mr. Cullen brings a wealth of experience to AEGIS London, having been President & Chief Executive Officer of its parent company, AEGIS in the US, from 2018 to 2023. Prior to that he served since 1997...
London, UK – A new AEGIS London-led Lloyd’s consortium is offering a solution for complex political violence risks with limits up to $100m. James MacDonald, War & Terrorism Class Underwriter at AEGIS London said: “We are delighted to launch this new and compelling offering, enabling our valued brokers and clients to efficiently secure comprehen...
· Claims team in top quartile for service quality · Service on an upward trajectory – 87% of service ratings highly rated · Recognised as one of the most consistent service providers in the London Market London, UK — AEGIS London’s claims team has for the ninth year in a row been awarded the prestigious Outstanding Claims Service Quality ...
· Syndicate aligns with its predictions for the market’s evolution London, UK — Top quartile Lloyd’s syndicate, AEGIS London, has announced the creation of a new Portfolio Solutions division that will focus on following third-party underwriting expertise in the London market. Led by respected underwriter Richard Palengat, Portfolio Solutions...
London, UK — AEGIS Managing Agency Limited, managing agent of top-quartile Lloyd's syndicate 1225 (AEGIS London), has appointed two new non-executive directors to its Board. Martin Bride, former group Finance Director of Beazley plc, and Andrew Gibbs, former Chief Operations Officer for Partner Re, were appointed in September. Tom Busher,...
London, UK — AEGIS London, a top-quartile Lloyd's syndicate, has recruited Jeremy Smart as Class Underwriter in its international casualty team reporting into Stephen Merrick. Smart returns to AEGIS London following a nine-year stint heading up the international team at CNA Hardy. Stephen Merrick said: “I am delighted to be welcoming Jere...
London, UK — AEGIS London, a top-quartile Lloyd's syndicate, has established a new Data Science and Analytics team to enhance underwriting capabilities and data-driven initiatives. Led by Giuseppe D'Angelo, Head of Data Analytics and Portfolio Underwriting, the newly formed team is comprised of highly skilled experts dedicated t...
London, UK — AEGIS London, the top quartile Lloyd’s syndicate, has strengthened its position in the cyber market with the hire of a new underwriting team. Daniel Johnson has been appointed to the role of class underwriter for cyber and is joined by Lydia Lambert, who becomes cyber underwriter. Both join AEGIS London from AIG Daniel will r...
London, UK — AEGIS London, Lloyd’s Syndicate 1225, a subsidiary of AEGIS (Associated Electric & Gas Insurance Services Limited), delivered a combined ratio for 2023 of 79.4% - an improvement of 4.4% on 2022’s ratio of 83.8%. The Syndicate posted a UK GAAP profit of £206m, up 112% on 2022’s figure of £97m. Premium gross of commissions...
London, UK — Lloyd’s insurer, AEGIS London, has expanded its Digital Trading Team with the appointments of Iain Lewers as Digital Business Development Analyst and Mark Wilding as Digital Product Development Specialist. Both Iain and Mark will report into Calum Williams, who has assumed the newly created role of Digital Development Manager. William...
London, UK — Lloyd’s insurer AEGIS London has appointed Viren Patel as head of risk. Patel will lead AEGIS London’s risk team, focusing on areas such as Internal Model Validation, ORSA (Own Risk and Solvency Assessment) and risk reporting. Prior to joining AEGIS London, Patel held the role of head of risk at Starr Companies, where he ha...
London, UK — Brokers using Lloyd’s insurer AEGIS London’s online quote-and-bind platform OPAL now have access to OPAL Claims for all OPAL product lines, including its Wind Deductible Buy Back product. OPAL Claims allows brokers, coverholders and managing general agents (MGAs) to submit first notice of loss notifications directly to third...
Deputy head of claims Kerry Williams named as successor London, UK — After 23 years in the role, AEGIS London’s head of claims Richard Foulger is to retire in June. His successor has been named as Kerry Williams, currently deputy head of claims at AEGIS London. Richard Foulger led AEGIS London’s claims team through some of the syndicate...
London, UK — AEGIS London, Lloyd’s Syndicate 1225, a subsidiary of AEGIS (Associated Electric & Gas Insurance Services Limited), delivered a combined ratio for 2022 of 83.8% - an improvement of 0.1 on 2021’s ratio of 83.9%. The Syndicate posted a UK GAAP profit of £97m, up 11% on 2021’s figure of £87m. Premium gross of commissions is ...
London, UK — For the eighth year in succession, AEGIS London’s claims team has been awarded the prestigious Outstanding Claims Service Quality Marque by independent research organisation Gracechurch Consulting. In order to earn the award in Gracechurch’s annual survey of London market claims operations, AEGIS London’s team had to be reco...
London, UK — AEGIS London has chosen ReachOut as a charity partner for the next three years. ReachOut helps young people from economically disadvantaged communities achieve their full potential through mentoring programmes. The organisations will be working together to develop a bespoke and mutually beneficial partnership, ...
London, UK — AEGIS London delivered an exceptional claims performance in 2021, according to independent insurance research firm, Gracechurch Consulting, which awarded AEGIS London its claims quality marque for the sixth year in succession. Claims teams achieve the award based on a range of empirical measures, including having a 12-month ...
London, UK — Lloyd’s AEGIS London has announced that Matthew Yeldham will be promoted to Chief Underwriting Officer (CUO) in July. The appointment follows the news that current CUO, Alex Powell, will succeed David Croom-Johnson as Chief Executive Officer when he retires in June. Commenting on the appointment, Alex Powell said: “I’m deligh...
