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September 02, 2015 3:49 PM ET

Insurance

Company Overview of Associated Electric & Gas Insurance Services Limited

Company Overview

Associated Electric & Gas Insurance Services Limited provides liability and property insurance products and services, and related risk management services to utility and energy industries. It provides excess liability, excess workers' compensation, employment practices liability, professional liability, liberty mutual general and construction liability, directors and officers liability, general partners liability, fiduciary and employee benefits liability, railroad protective liability, property, renewable energy, financial products, and cyber liability insurance products. The company also offers coverage for non-marine properties, utility properties, energy exploration and production, marin...

The Maxwell Roberts Building

Fourth Floor

One Church Street

Hamilton,  HM 11

Bermuda

Founded in 1975

Phone:

441-296-2131

Fax:

441-296-8846

Key Executives for Associated Electric & Gas Insurance Services Limited

Chief Executive Officer, President, Director, Member of Executive Committee and Chairman of Aegis London Board of Directors
Chief Financial Officer and Executive Vice President
Director, Member of Loss Control Committee, Chief Executive Officer of Associated Electric Cooperative Inc. and General Manager of Associated Electric Cooperative Inc.
Vice Chairman, Vice President Emeritus and Member of Executive Committee
Age: 81
Chief Investment Officer and Senior Vice President
Compensation as of Fiscal Year 2015.

Associated Electric & Gas Insurance Services Limited Key Developments

AEGIS Names Three New Board Members

AEGIS has named Gregory Abel, Thomas Farrell II, and Christopher Johns to its board of directors. Gregory E. Abel is the Chairman, President and CEO of Berkshire Hathaway Energy, formerly MidAmerican Energy Holdings Company. Greg joined the company in 1992 and held a variety of executive positions before becoming Chairman. In addition to his responsibilities on the AEGIS Board, he will serve on the Board's Claims Committee. Thomas F. Farrell II is the Chairman, President & CEO of Dominion Resources. In addition to his responsibilities on the AEGIS Board, Tom will serve on the Board's Claims Committee. Christopher P. Johns is the President of Pacific Gas and Electric. In addition to his responsibilities on the Board, Chris will serve on the Board's Audit & Finance Committee.

Sempra Energy Files Lawsuit Accusing Associated Electric & Gas Insurance Services Limited and Century Indemnity Company of Failing to Defend Lawsuits Filed by Hundreds of Plaintiffs

Sempra Energy filed a lawsuit accusing two insurance companies of failing to defend lawsuits filed by hundreds of plaintiffs alleging injuries arising from the operation of an oil well at Beverly Hills High School. According to the lawsuit, Sempra was the defendant in numerous lawsuits arising from the release of toxins due to the operation of an oil well at the high school beginning as early as 1965. Sempra tendered the defense to Associated Electric and Gas Insurance Services Limited and Century Indemnity Co., among other insurers. The lawsuit alleges that the insurers breached their duties, leaving Sempra to cover the defense costs and settlements of the underlying claims. The complaint alleges claims for breach of contract and bad faith.

Associated Electric & Gas Insurance Services Announces Executive Changes

Gil Gould announced that he will retire from his position as senior vice president of the underwriting division at Associated Electric & Gas Insurance Services, effective December 31. Gould joined the company in 1998. AEGIS also announced that George Keefe will assume most of Gould's responsibilities for member relations and that Keefe has been promoted to senior vice president of member relations. Further, Sandy Johnson has announced her retirement as vice president in the underwriting division, effective September 30.

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