AEGIS London appoints hull book leader from Hiscox

AEGIS London, the UK-based subsidiary of AEGIS, has appointed Jonathan Humm as its new class underwriter for marine hull. He joins from Hiscox where he was deputy hull underwriter.

Humm has 12 years of experience in the marine insurance sector. He joined Marsh in 2005 as a marine broker, before moving 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 AEGIS' head of marine and energy Richard Palengat.

Palengat said: “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.

“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.”

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