Helios Underwriting appoints new chief executive

Helios Underwriting has appointed Louis Tucker as its new chief executive.

Subject to regulatory approval, it is anticipated that Tucker will assume the role and join the board in October.

He brings over two decades of experience across the Lloyd’s Market, including a number of management level roles.

Tucker said: “I am delighted to be joining Helios at such a pivotal and exciting time for both the company and the wider insurance market.

”I have long admired Helios for not only its unique position of facilitating access to a market that has historically been difficult to enter, but also its consistent track record of outperforming the Lloyd’s market through excellent portfolio selection driven by sophisticated analytics and its depth of underwriting experience.

“I look forward to working with an exceptional board and talented team to build on this foundation and deliver on the group’s strategy for maximising shareholder return.”

Experience

He joins Helios from Arch Capital Group, where he was most recently managing director of Arch Managing Agency.

Before this, he helped setup Barbican Insurance Group in 2007 before selling to Arch Capital Group in 2019.

Helios’ interim executive board chairman John Chambers said: “We are delighted to welcome Tucker to Helios Underwriting. He is an industry leader, with a strong entrepreneurial track record of scaling businesses and deep underwriting experience.

”This considerable experience and understanding of the Lloyd’s market will be invaluable in strengthening the quality of our portfolio and positioning Helios through our next chapter.

“His appointment continues to demonstrate our ability to attract top-level industry talent to Helios and we look forward to working with him to build on Helios’ unique proposition and continue delivering strong returns for our shareholders.”