Hamilton Insurance Group Ltd. named Megan Thomas as chief executive officer of Hamilton Re Ltd., the company's reinsurance and insurance platform in Bermuda.
Thomas succeeds David Brown, who was named interim CEO when former CEO Kathleen Reardon left the company.
Thomas was to transition to her new role in October pending immigration and regulatory approvals. She will be based in Bermuda and will report to Pina Albo, group CEO.
“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,” said Albo. “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.”
Thomas has 20 years of insurance and reinsurance experience. Australian by birth and a lawyer by training, she joins the company from Axis Capital, where she has held the position of chief underwriting officer, reinsurance, for the past two years. Thomas began her career in the Australian insurance and financial services market. She spent almost 13 years at American International Group Inc., where she held increasingly senior roles, the last of which was CUO, liability lines, before assuming her role at Axis Capital.
—Staff Report