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 had been for five years, focusing on core ERM, Internal Model Validation and ESG. Prior to that position, he held a number of London market risk and actuarial roles, specifically within capital modelling and validation. He also spent a few years working at Lloyd’s.

Patel will be reporting into Graeme Tennyson, Chief Risk and Compliance Officer at AEGIS London. Commenting on his appointment, Tennyson said: “We are delighted that Viren has joined our team. He brings with him in-depth knowledge of the industry and a wealth of experience. His understanding of the risk management landscape in the Lloyd’s market will support our clients and the wider business. He is an excellent addition to the AEGIS London risk team, and his appointment further strengthens our capabilities in this critical area.”

ENDS

Media contact:

Adrian Beeby,  Omnia Partners

07879 403564

Adrian.beeby@weareomniapartners.com

Notes to Editors

AEGIS London operates Lloyd’s Syndicate 1225 and comprises the UK-based subsidiaries of AEGIS (Associated Electric & Gas Insurance Services Limited), a mutual insurance company that serves the needs of the North American energy industry. From its origins in 1999, AEGIS London has become a top quartile diversified Lloyd’s syndicate, leading and participating in a wide range of business classes with a talented team of over 230 people.