David Croom-Johnson replaces Stuart Davies who has joined Canopius as group chief executive

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AEGIS London, a subsidiary of AEGIS (Associated Electric & Gas Insurance Services Limited) has named David Croom-Johnson as its new managing director.

Croom-johnson, an active underwriter of AEGIS London’s Syndicate 1225 since 2007, replaces Stuart Davies who has joined Canopius as group chief executive.

AEGIS has also announced a series of promotions within its senior management team.

Former deputy underwriter John Chambers and a member of AEGIS London’s team since 2000 takes on the newly-created role of director of underwriting.

Alex Powell, who was the head of non-marine property, becomes active underwriter, while head of casualty Matthew Yeldham is also the new deputy active underwriter.

Former chief actuary Paul Kedney has been promoted to actuarial and risk director. James Halley remains as finance director.

AEGIS chair and chief executive Alan J Maguire said: “In David we have the ideal successor to Stuart Davies.

“He’s been a key part of the leadership team that has turned AEGIS London into one of the most respected and consistently strong performing syndicates at Lloyd’s.

”An author of AEGIS London’s strategy, David’s flair for underwriting, his leadership skills and his market profile are a powerful combination.

“David will be supported by a uniquely strong and stable senior team. The team have been together for a number of years. Their knowledge of the business, its people and its relationships is all-encompassing. They also provide real consistency and continuity.

 “The fact that we can promote from within is a testament to the quality of our people.”