HELIOS UNDERWRITING PLC

Board/Management Information • Mar 4, 2024

National Storage Mechanism | Additional information

RNS Number : 3663F

Helios Underwriting Plc

04 March 2024

4 March 2024

Helios Underwriting Plc

("Helios" or the "Company")

Helios appoints Adhiraj Maitra as COO

Helios, the investment vehicle which provides shareholders with a spread participation at Lloyd's, is delighted to announce the appointment of Mr Adhiraj Maitra to the newly created role of Chief Operating Officer.

Mr Maitra (BSc, MSc, Actuary) joins Helios from Canopius where he is the Group Head of Sustainability. Over his 17 year career, Mr Maitra has had experience across a breadth of technical and leadership roles including 5 years as a Senior Manager with Lloyd's capital and planning, and 4 years with Willis Towers Watson leading the capital and risk initiatives in the London Market and as Global Head of Climate Change and ESG.

Martin Reith, CEO, commented: "We are delighted to welcome Adhiraj to Helios. His experience and London market focus across underwriting, distribution, capital, risk and ESG makes him an ideal fit to help build Helios' presence and to continue to manage and curate our outstanding portfolio. I very much look forward to working  closely with Adhiraj in this important new role as Helios continues to evolve"

For further information, please contact:

Helios Underwriting plc

Martin Reith - Chief Executive Officer                           +44 (0)20 3965 6441

Nigel Hanbury - Executive Deputy Chairman       

Arthur Manners - Chief Financial Officer              

Deutsche Numis (Nomad and Broker)                                       

Giles Rolls / Charles Farquhar                                     +44 (0)20 7260 1000

Buchanan (PR)

Helen Tarbet / George Beale                                      +44 (0)7872 604 453

+44 (0)20 7466 5111

About Helios

Helios provides a limited liability direct investment into the Lloyd's insurance market and is quoted on the London Stock Exchange's AIM market (ticker: HUW). Helios trades within the Lloyd's insurance market writing approximately £500m of capacity for the 2024 account. The portfolio provides a good spread of business being concentrated in property & casualty insurance and reinsurance. For further information please visit www.huwplc.com.

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