Hamilton Insurance Group has announced the appointment of Megan Thomas as CEO of Hamilton Re, the company’s reinsurance and insurance platform in Bermuda.
Thomas will report to group CEO Pina Albo and will be based in Bermuda. Pending requisite immigration and regulatory approvals, her anticipated start date will be in October.
She brings 20 years’ insurance and reinsurance experience to her new position at Hamilton. Australian by birth and a lawyer by training, The firm said she comes to the company from AXIS Capital where she has held the position of chief underwriting officer, Reinsurance for the last two years.
Thomas began her career in the Australian insurance and financial services market. She spent almost 13 years at AIG where she held increasingly senior roles, the last of which was chief underwriting officer, Liability 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.”