Hamilton Re Appoints Former AXIS Capital Executive as New CEO

Hamilton Re has named Megan Thomas, a former AXIS Capital and AIG executive, as the company’s new chief executive officer.

She succeeds David Brown, the chairman of Hamilton Re who was appointed interim CEO in early August to replace Kathleen Reardon, who left the company.

Megan Thomas

Thomas will report to Group CEO Pina Albo and will be based in Bermuda. Pending immigration and regulatory approvals, her anticipated start date will be in October.

Thomas brings 20 years’ insurance and reinsurance experience to her new position at Hamilton. Australian by birth and a lawyer by training, 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.

Thomas is a graduate of Bond University, Gold Coast, Queensland, with a Bachelor of Law degree (Honours). She also holds a Bachelor of Agricultural Economics degree from the University of Queensland, the Graduate Diploma of Legal Studies from Queensland University of Technology, Brisbane, and the Graduate Diploma of Business from the University of New England, Armidale, Australia. Thomas has been admitted to the Bar in New York and in Queensland.

“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 in a statement.

Source: Hamilton Group