London, UK — Lloyd’s managing agency AEGIS London has appointed two new non-executive directors to its board.
Gregory E. Abel is Vice Chairman – Non-Insurance Business Operations, Berkshire Hathaway Inc and Executive Chairman, Berkshire Hathaway Energy. Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, services and retailing. Berkshire Hathaway Energy is a diversified global holding company that owns subsidiaries principally engaged in energy businesses in the United States, Canada, Great Britain and the Philippines. Mr. Abel holds a variety of board positions including with AEGIS London’s parent AEGIS Insurance Services in the US, the Kraft Heinz Company and a range of energy businesses.
Thomas F. Farrell II is Chairman, President and Chief Executive officer of Virginia-based Dominion Energy. Dominion Energy is one of America’s largest producers and transporters of energy with over $75 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution, and import/export services. Dominion is also one of the United States’ leading solar operators. Mr Farrell holds a variety of board positions including with AEGIS London’s parent AEGIS Insurance Services in the US. He is the Presiding Director of Altria Group Inc and also serves on the board of directors of the Edison Electric Institute, of which he was Chairman from 2011 to 2012 and as Chairman of the Institute of Nuclear Power Operations.
William Dalton, Chairman of AEGIS London, said: “Greg and Tom are both leading figures in the US energy sector and highly respected by their peers. I welcome them to the board.”
David Croom-Johnson, Managing Director of AEGIS London, added: “Greg and Tom’s arrival provides broader representation for our US parent in London while giving us access to an unrivalled store of business knowledge and expertise. This will enable us to continue our successful track record of performance over many years. I am looking forward to the contributions that they will make to the future of AEGIS London.”
Gregory Abel and Thomas Farrell took up their directorships with effect from 4 June 2018.
Ruth Starling, Luther Pendragon
020 7618 9100/ 01285 712 873
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.