London, UK — AEGIS London has appointed Paul Ventris as its new head of internal audit.
Paul joins from Liberty Specialty Markets where he held the role of senior audit manager. He reports to the chair of AEGIS London’s Audit Committee Chris Forbes and also managing director David Croom-Johnson.
David Croom-Johnson said: “Audit plays a vital role in the smooth running of the managing agency so we were keen to find someone with the experience, insight and technical excellence necessary, which we did in Paul. His arrival will strengthen our operation.”
As an approved person under the FCA's Senior Insurance Managers Regime (SIMR), Paul's role encompasses planning and overseeing the company’s audit programme, managing the internal audit team and reporting its activities to the Audit Committee.
Paul began his career with Ernst & Young in 2007 working in the Financial Services Insurance division, providing external audit services across the Lloyd’s and GI market. He then moved to UK Power Networks in 2012 where he helped to establish the company’s first internal audit department. He moved to Catlin as senior internal auditor in 2014 and has spent the past three years at Liberty Specialty Markets, first as an audit manager before being promoted to senior audit manager.
Adrian Beeby, Luther Pendragon
020 7618 9157
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.
(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.