AEGIS London has appointed William Cullen (pictured above) as a non-executive director to its board.
Cullen previously served as president and chief executive officer of AEGIS, AEGIS London’s US-based parent company, from 2018 to 2023. Before that, he held the role of senior vice president and chief underwriting officer, a position he assumed in 1997.
Cullen has worked in the insurance industry for five decades, holding various leadership and underwriting roles. AEGIS London said that his appointment reflects the syndicate’s focus on maintaining experienced leadership as it continues to expand within the specialty insurance market.
With Cullen’s addition, the board of directors for AEGIS London now includes:
Tom Busher, non-executive chairman of AEGIS London, said Cullen’s experience in the global insurance market makes him a valuable addition to the board. Busher said Cullen’s insight will support AEGIS London’s efforts to build on its existing strengths and respond to developments in the risk landscape.
AEGIS London has been ranked in the top quartile of Lloyd’s syndicates for financial performance for more than ten years. The company said Cullen’s appointment aligns with its focus on underwriting discipline, leadership continuity and client relationships, which it considers central to maintaining its position in Lloyd’s and the wider global specialty insurance market.
In February, AEGIS London introduced a Lloyd’s consortium to provide coverage for complex political violence risks, offering policy limits of up to US$100 million.
The new solution allows brokers and clients to secure political violence coverage through a single-source approach, according to James MacDonald, war and terrorism class underwriter at AEGIS London.
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