Helios Underwriting PLC

("Helios" or the Company)

Appointment of Chief Underwriting Officer

Helios Underwriting plc, the only publicly traded company offering instant access to a diverse portfolio of syndicates at Lloyd's of London, is pleased to announce the promotion of Jen Tan to Chief Underwriting Officer (CUO).

Jen Tan joined Helios in October 2023 and most recently served as Head of Portfolio Strategy, with responsibility for portfolio construction and capital allocation across Helios' Lloyd's platform. In this role, she has been instrumental in strengthening portfolio underwriting frameworks, improving portfolio quality, and refining Helios' risk appetite to support effective volatility management, through a structured and data-driven approach to portfolio management.

As Chief Underwriting Officer, Jen will be responsible for establishing Helios' portfolio underwriting strategy, syndicate capacity allocation, and ongoing portfolio management. She will work closely with the Board, executive management, and syndicate partners to ensure consistent execution of strategy and effective deployment of capital through the underwriting cycle.

Jen is an actuary by background with over 16 years of experience in insurance. Prior to joining Helios, she was Head of Pricing for Marine, Energy and Specialty at Hiscox, and earlier a Partner at Willis Towers Watson, advising senior management teams on pricing, portfolio optimisation, and risk strategy.

Commenting on the appointment, Louis Tucker, Chief Executive Officer of Helios Underwriting, said:

I congratulate Jen on her well-deserved promotion. Jen has played a pivotal role in building and managing our Lloyd's portfolio in line with the Board's risk appetite and strategic objectives. With her extensive experience and rigorous, data-driven approach, she has demonstrated her ability to optimise portfolio performance while maintaining strong underwriting discipline. This promotion recognises her expertise, leadership, and the significant value she brings to the organisation.

Jen Tan added:

"I am delighted to be appointed CUO at Helios. Helios is uniquely positioned through its diversified portfolio of high-quality syndicates and portfolio-led approach to benefit from the exceptional market conditions at Lloyd's. I have greatly enjoyed my time at Helios and am grateful to Louis, the Board, and my colleagues for their continued support and trust. With a remarkable team and Board, I look forward to building on our progress to date, continuing to deliver sustainable returns for our stakeholders."

For further information, please contact:

Helios Underwriting plc

Louis Tucker - Chief Executive Officer

Tel: +44 (0)203 965 6441 

Adhiraj Maitra - Director of Finance and Operations

Tel: +44 (0) 203 743 2114

Deutsche Numis (Nomad and Broker)

Giles Rolls / Charles Farquhar

Tel: +44 (0)20 7601 6100

FTI Consulting

Ed Berry

Tel: +44 (0)7703 330 199

Christian Harte

Tel: +44 (0)7974 288 763

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. The portfolio provides a broad spread of business primarily participating in the US and other international wholesale and reinsurance markets. For further information please visit www.huwplc.com.