richard-foulger_aegis-london
9 May 2023Insurance

AEGIS London’s top executive to step down after 23 years; successor revealed

AEGIS London’s head of claims who helmed the business through some of the toughest times in the early 2000s is retiring after 23 years in the role. His successor has been revealed.

Richard Foulger (pictured right) is to retire in June. He will be succeeded by Kerry Williams (pictured left), currently deputy head of claims at AEGIS London.

Foulger led AEGIS London’s claims team through some of the syndicate’s “most challenging periods” in the early 2000s when the 9/11 tragedy and Gulf of Mexico wind storms had a huge impact on the London insurance market. Under his stewardship, AEGIS London’s claims team received Gracechurch quality marques for exceptional claims service for eight consecutive years.

In 2014, Foulger played a pivotal role in establishing AEGIS London’s Claims Commitment, which reinforced the company’s commitment to maintaining high standards in the insurance market.

Kerry Williams joined AEGIS London in 2013, becoming head of technical claims in 2019 and deputy head of claims in 2022.

Alex Powell, AEGIS London’s CEO, said: “Richard has been a huge part of our success. His knowledge, skills and sheer dedication have led to AEGIS London developing a strong reputation as one of the London market’s most respected claims teams. He will be greatly missed by me, by the AEGIS London team and by many in the wider London market. We all wish him the very best for the future.”

He added: “Richard leaves AEGIS London’s claims team in very capable hands. Under her leadership, our claims team will continue to grow and evolve, combining the latest technology with high quality customer service and expertise.”

Foulger commented: “AEGIS London has been a huge part of my life for the past 20-plus years. I’m proud to say that we’ve created a claims team and culture here that believes in fairness, in defending our insureds and in the value of expertise. I’m sad to go but consoled by the fact that incredibly capable Kerry Williams will be taking the reins.”

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More on this story

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24 April 2023   After seven years at the helm, he resigned from AEGIS London in June last year.
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21 September 2023   The appointee has held a number of London market risk and actuarial roles.
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22 September 2023   The mutual insurer has appointed a successor from within.