AEGIS Insurance Services, Inc.
Michael Johnson started their career in 1988 at PwC, where they worked for 22 years in the Insurance Practice. During their time at PwC, they gained extensive experience in various areas of insurance, including Property & Casualty, Life Insurance, and Reinsurance. Their roles included Audit Assurance as well as involvement in M&A, public offerings, financial consulting, financial restructuring, transaction structuring, and financial/operational efficiency projects. In 2010, Michael joined AEGIS Insurance Services, Inc. as the Chief Financial Officer & Executive Vice President, where they focused on developing and implementing financial processes and systems to improve financial performance and efficiency. Michael also worked collaboratively to optimize capital position, strengthen credit rating position, and achieve a top quartile return on capital result.
Michael Johnson's education history starts with their completion of the General Studies program at Davidson High School from 1982 to 1987, where they earned their Higher School Certificate. Afterward, they pursued a Bachelor of Economics degree at Macquarie University from 1988 to 1992. During their time there, they focused on Actuarial Science and Accounting. Following this, from 1993 to 1994, Michael attended Chartered Accountants Australia and New Zealand, where they obtained the degree of Chartered Accountant, specializing in Accounting and Finance. Recently, in 2020, they completed the Certified Plan Sponsor Professional (CPSP) program at the Plan Sponsor Council of America, emphasizing Retirement Plans.
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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.