Aegis London adds Cullen as non-exec director

By Rebecca Delaney

March 10 - (The Insurer) - Lloyd's insurer Aegis London has named former Aegis president and CEO William Cullen a non-executive director.

Cullen previously served as president and CEO of Aegis London's U.S. parent company from 2018 to 2023. Prior to that, he was senior vice president and chief underwriting officer for almost two decades.

Aegis London said the appointment marked its commitment to continue growing in the specialty insurance space.

The Insurer spoke to Aegis London's war and terrorism class underwriter James MacDonald last week about softening in the political violence and terrorism market, which is expected to continued until at least the end of 2025.

This followed last month's launch of a new Lloyd’s consortium for complex political violence risks with available limits of up to $100 million.