Antares Managing Agency Ltd today announces the promotion of Eddie Hughes to head of reinsurance, Antares at Lloyd’s, comprising Antares Managing Agency Ltd and Antares Syndicate 1274, effective immediately.

Hughes brings more than 17 years of experience to the role and will report to Jim Lye, active underwriter, Antares Managing Agency Ltd. He previously served as class underwriter, marine and energy reinsurance, having joined Antares in 2014 as marine excess of loss deputy underwriter.

This follows a series of recent key appointments for the Syndicate, following the hires of Guy Wright, Marine Liability Class Underwriter and Samantha Dias, MTL Class Underwriter.

Hughes said:

Antares is a fantastic business, I’m proud to be a part of it. This opportunity has arrived at a pivotal moment as we drive forward under the new unified brand”

Jim Lye, Active Underwriter at Antares Managing Agency Ltd said:

Eddie brings tremendous experience and a wealth of expertise and it’s a testament to Antares’ culture and willingness to nurture talent that we’ve been able to promote from within for this important role. He was the natural choice to lead our reinsurance teams, execute our underwriting strategy and navigate the challenges presented by current market conditions, while capitalising on the opportunities. It gives me great pleasure to welcome Eddie as our new head of reinsurance.”