AEGIS London creates new innovation role for Chambers

London, UK — John Chambers, formerly AEGIS London’s director of underwriting, is to take on the newly-created role of director of innovation and corporate development.

In this new post, Chambers will oversee development of AEGIS London’s OPAL platform, its online quote-and-bind system for coverholders and brokers. He will also take the lead on building and strengthening AEGIS London’s strategic relationships with its coverholder and reinsurer partners around the world.

John Chambers said: “Our OPAL platform has had an extremely positive impact on the business and this continues to grow as new products are added. Previously, responsibility for the platform’s management and growth was spread across a number of different parts of AEGIS London but with no dedicated senior management oversight. Now I’ll be the focus for that work with the intention of significantly increasing the amount of business written using it.”

With regard to the managing agent’s coverholders, Chambers said: “Part of this role is to think more imaginatively about our relationship with our coverholder partners. In addition to providing high quality service and products, we’re examining other ways in which we can deepen those relationships. Our coverholders value their independence but this can lead to difficulties when thinking about expansion and succession planning. We can work with them to find creative solutions to these issues, which allow them to maintain their independence.”

John Chambers has worked in the Lloyd’s market since 1986 and joined AEGIS London in 2000 following 14 years with Janson Green syndicate.  He is acknowledged as a specialist in the Canadian market.

AEGIS London launched its OPAL platform in 2016.

ENDS

 

Media contact:

Adrian Beeby, Luther Pendragon

020 7618 9157

07879 403564

adrianbeeby@luther.co.uk

 

Notes to Editors

AEGIS London is the UK-based subsidiary of AEGIS (Associated Electric & Gas Insurance Services Limited), a mutual insurance company that serves the needs of the energy industry. It operates the AEGIS London Syndicate 1225 at Lloyd's.

AEGIS London has grown from its origins as an energy insurance specialist and is today a successful, diversified business, leading and participating in a wide range of classes traditionally written in the Lloyd's market. With over 110 people in its team in London and two in Canada, the business continues to develop its capabilities in new business lines, bringing its unique, collaborative style to new clients and new classes, while operating for the mutual benefit of all involved.

AEGIS London is recognised for offering specialist knowledge, expertise and leadership to a broad client base across a number of specialist classes globally.

 

AEGIS

(Associated Electric & Gas Insurance Services Limited)

AEGIS is a mutual insurance company owned by its energy industry policyholder members, with surplus of more than US $1 billion. Established in Bermuda in 1975, AEGIS is an eligible surplus lines insurer in the United States and a licensed carrier throughout Canada.

AEGIS aims to provide its members with superior insurance and risk management products through a secure and stable market to enable members to achieve the lowest overall long-term cost of risk.  Industry sectors covered include gas and electric utilities, related energy companies, water utilities, pipeline companies, transmission & distribution companies, and oil and gas exploration and production companies.

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