Hamilton Insurance Group has announced that Megan Thomas has been appointed as the new CEO of Hamilton Re, the firm’s (re)insurance platform in Bermuda.
She will take over from David Brown who served as interim CEO of Hamilton Re.
In her new role, she will report to Pina Albo, Group CEO and be based in Bermuda. Her anticipated start date will be October 2020.
Thomas brings two decades of (re)insurance experience to the role and joins the business from Axis Capital where she served as chief underwriting officer, reinsurance for the last two years. She spent almost 13 years at AIG where she held numerous senior roles, the last of which was chief underwriting officer, liberty lines, before assuming her role at Axis Capital.
Albo said: “We’re really looking forward to welcoming Megan to the Hamilton team. The breadth and depth of her underwriting experience across multiple lines of business on a global basis, as well as her strong leadership and relationships with clients and brokers, will help us to leverage the many opportunities we are seeing in today’s hardening market.
“We are indeed fortunate to have found Megan at this exciting stage of building a global specialty insurance and reinsurance franchise. Her discussions with members of our Board and our executive team confirmed to all of us not only that Megan has what it takes to assist Hamilton in capitalizing on the market’s potential, but also that she’ll be a great fit for our company.”