Lloyd’s focused investment vehicle Helios Underwriting has appointed John Chambers, former AEGIS executive, to its Board as an Independent Non-Executive Director.
He brings considerable experience across all aspects of running a regulated insurer, from business planning through underwriting management to risk management, as well as financial and regulatory reporting.
Prior to his appointment, Chambers served at AEGIS London for 19 years. He was Director of Underwriting, and helped build the business from a fledgling syndicate into one of the largest and most profitable in the London Market.
Michael Wade, Executive Chairman of Helios, said: “I am pleased to announce that John will be joining our Board as an Independent Non-Executive Director. He brings with him considerable experience of running a highly successful Lloyd’s business.
“I’m looking forward to working closely with him as we seek to capitalise on excellent market conditions and maintain our status as the pre-eminent provider of private capital to the Lloyd’s market.”
Commenting on his appointment Chambers, said: “The Lloyd’s market is highly regulated, financially robust, and uniquely positioned. Market conditions have never been better, with increased underwriting discipline and sustainable price increases expected to last for years.
“I’m excited to add my knowledge of the Lloyd’s market to Helios’ already highly experienced Board, as we help drive forward the strategy and actively manage a balanced portfolio of Lloyd’s syndicate participations.”
