AEGIS London strengthens exec team following 'top quartile Lloyd’s performance'

AEGIS London has made two senior appointments to its management team, including a new chief financial officer and general counsel from AXA XL.

Katie Wade joins as CFO. She most recently served as group chief financial officer with insurer ERS. Prior to that, she held senior finance roles with ACE Tempest Re, Aspen Insurance.

Rhic Webb will take up the newly created role of general counsel and company Secretary later this year. He joins from AXA XL, where he was most recently general counsel – global corporate, responsible for Europe, Asia and Latin America as well as for all corporate legal, company secretary and governance matters. During his 22 years with XL, subsequently AXA XL, Webb held a range of group legal roles and was responsible for the business’s Brexit strategy and redomiciling XL’s head office from Ireland to Bermuda.

Both the executives will report to managing director David Croom-Johnson, who said: “AEGIS London has developed a new business model over the last three to four years, combining traditional London market underwriting with new methods of digital distribution. The result has been top quartile Lloyd’s performance and a pronounced evolution in our approach to underwriting. That change has opened our eyes to new possibilities."

Croom-Johnson added: “In recognition of our growth and evolution as a forward-thinking syndicate, Katie and Rhic’s experience and knowledge will add a necessary broader perspective to our executive team and our business as a whole. Their skills and insights will allow us to realise our vision of the modern, diverse business AEGIS London is becoming.”