’It was a privilege to have known Jonathan and to have benefited from his generosity,’ says chief executive

Hiscox has appointed Colin Keogh as the new interim chair at the insurer following the death of Jonathan Bloomer.

Bloomer was serving as the chairman at both Hiscox and Morgan Stanley at the point of his death.

His body was recovered during a search and rescue mission after a yacht sank 50 metres underwater off the coast of Sicily.

His wife Judy was also among those who died in the tragic incident.

Senior independent director Colin Keogh will step into Bloomer’s role on a temporary basis.

A statement from the insurer said: “Hiscox today confirms senior independent director Colin Keogh as interim chair of the company following the tragic death of Jonathan Bloomer earlier this week.”

’Profoundly saddened’

Bloomer became the chairman at Hiscox in 2023.

Hiscox said that those at the insurer “are all profoundly saddened by the death of our chair, Jonathan Bloomer, alongside his wife Judy”.

Chief executive Aki Hussain added: “It was a privilege to have known Jonathan and to have benefited from his generosity and wisdom over the last year.

“His deep experience across our industry and in the broader business arena, combined with his personal values, made him both an excellent chair and a person I was proud to know and work with.

“His advice and support were immensely valuable to me and he will be dearly missed.”