AEGIS Insurance Services, Inc.
Joseph Murphy has a strong background in internal audit and risk management. Joseph worked as the Senior Vice President of Internal Audit at AEGIS Insurance Services, Inc., where they implemented a risk-based program and presented results to the board and management. Prior to that, they were the Managing Director at Accume Partners, specializing in producing value-added solutions to control and risk challenges. Joseph also served as a Governor at the Institute of Internal Auditors. Earlier in their career, they were a Firm Director at Deloitte & Touche, where they developed a multi-million dollar practice and led quality control and risk assessment. Joseph also worked as a Director at PricewaterhouseCoopers, focusing on insurance, securities, and technology. Joseph started their career as a Department Manager of Internal Audit at Liberty Mutual Insurance.
Joseph Murphy attended Summit High from 1969 to 1972. Joseph later attended Kean University from 1980 to 1983, where they earned a Bachelor of Science (B.S.) degree in Accounting and Computer Science. In 1993, they enrolled at Lehigh University College of Business and completed a Masters in Business Administration degree with a concentration in Finance, General in 1995.
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AEGIS Insurance Services, Inc.
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AEGIS is a leading mutual insurance company that provides liability and property coverage, as well as related risk management services, to the energy industry. Our policyholders represent virtually the entire energy infrastructure in North America, including electric and natural gas utilities, related energy companies, oil & gas exploration and production companies, water utilities, and transmission & distribution companies. Our energy expertise, combined with a collaborative and fair approach to claims management and specialized loss control services, has set AEGIS apart from commercial insurance companies since the company was founded by its policyholder-members in 1975. AEGIS has continued to provide stable capacity and collaborative claims paying for more than 40 years – despite events such as the Superfund in the 1980s, the meltdown of Enron, the 9/11 terrorist attacks, Hurricane Katrina and Superstorm Sandy. AEGIS tailors many types of liability and property coverage to match the individual needs of our policyholders and we offer primary coverages through an alliance with Everest National as well as side-A directors and officers liability coverage through an alliance with Sompo. Our main office is in East Rutherford, New Jersey where we employ a professional staff of more than 200. AEGIS is the parent company of AEGIS London, which operates Syndicate 1225 at Lloyd's of London. The syndicate offers specialist knowledge, expertise and leadership for energy companies as well as a wide range of non-energy classes traditionally written in the Lloyd's market. AEGIS also has licensed operations throughout Canada. The company’s premium revenues are $2.1 billion and total assets are more than $8.6 billion. Additional details of our financial performance can be found in our recent annual report. AEGIS enjoys an A.M. Best rating of A (Excellent) with a stable outlook.