AEGIS Insurance Services, Inc.
Nitin Basra currently serves as a Generation Outage Analyst and Assistant Underwriter at AEGIS Insurance Services, Inc., starting in June 2022. Previously, Nitin was an ILOTY Fellow at St. John's University, The Peter J. Tobin College of Business, from April 2021 to May 2022, recognized for contributions in the Masters of Science in Enterprise Risk Management program. Nitin has also held the position of Actuarial Analyst at AXIS Capital from January 2020 to January 2022, where responsibilities included creating pricing tools and validating rates. Earlier experience includes a summer internship at Swiss Re in 2019, focusing on data extraction and reserve adequacy analysis. Educational background includes a Bachelor of Science in Quantitative Risk Management and a Master of Science in Enterprise Risk Management, both from St. John's University, with earlier education at Benjamin N Cardozo High School.
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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.