Reinsurance News

Jonathan Humm joins AEGIS London from Hiscox

22nd May 2018 - Author: Staff Writer -

Share

AEGIS London has secured Jonathan Humm as new Class Underwriter for their Marine Hull team. He joins from Hiscox, where he was Deputy Hull Underwriter for close to a decade.

Aegis LondonJonathan Humm’s career in the marine insurance sector spans 12 years. After leaving university he joined Marsh in 2005 as a marine broker. He then moved to Hiscox in 2008 as deputy hull underwriter writing a predominantly open-market bluewater hull book. He also led the development of Hiscox’s cyber strategy within the marine hull class.

Humm will report to Head of Marine and Energy, Richard Palengat at AEGIS London’s Gracechurch Street headquarters.

“London’s Hull market is at a critical juncture and is under pressure to improve profitability after a run of poor results. AEGIS London’s hull team is uniquely positioned to rise to this challenge, having outperformed the Lloyd’s market consistently since its start in 2012. Our mantra of disciplined, profitable growth will serve us well in the aftermath of the costliest year on record for Lloyd’s,” Richard Palengat said.

“Jonathan is a very welcome addition to our team. His skills and knowledge will help us build on our success, particularly in our niche specialisms such as brownwater hull, distressed business and esoteric risks.”