Aegis London
-
The CEO said smart-follow is a structural evolution of the specialty market. -
The syndicate says it will not set any top-line targets on digital follow strategies.
-
The Applied Underwriters unit has been building out its product base in the London market.
-
The company booked profit for the year of £247mn, up 20% on the prior year.
-
Seven team members are set to exit, including team lead Cooke.
-
New entrants in the cargo space have caused another round of talent displacement.
-
Head of portfolio solutions Richard Palengat will lead the division.
-
Syndicate 318 has been expanding into specialty classes over the past few years.
-
The executive said that with a single platform and capital base, the company had few distractions.
-
Listen in as Aegis London CEO Alex Powell discusses how to underwrite profitably through the cycle, the carrier’s growth in the cyber market, and the company’s future strategy.
-
The firm has hired from Probitas, Tamesis Dual and Aegis for the cells.
-
It has appointed Daniel Johnson and Lydia Lambert to run the book.
-
The 'particularly strong' result is due to minimal cat loss activity.
-
Kevin Leach was formerly The Hanover Insurance Group’s financial institutions leader and VP.
-
The market veteran left Aegis London, where he was CEO from 2015, in June last year.
-
MS Amlin has added ex-JLT broker Lacy Lighterness to its cargo team.
-
Syndicate 1225 has reported a sub-100% combined ratio for 12 consecutive years.
-
The Lloyd’s carrier’s CEO said the market must now ‘climb out of the rehabilitation phase’.
-
Charlie Jenkins is leaving Travelers after a brief spell, having previously worked as a broker at WTW.
-
Reinsurance has contributed increasingly to the results of the Belgian carrier, which is looking to further diversify.
-
The underwriter specialises in aviation and marine sub-segments of the accident and health class.
-
Plus, an in-depth look a pressure on the FCA and PRA and all the top news from the week.
-
The news follows an announcement that Alex Powell will take over leadership of the business following the retirement of CEO David Croom-Johnson.
-
The executive has led Aegis London since 2015, and the syndicate has been a consistent top Lloyd’s performer during his tenure.
