Lloyd’s insurer Hiscox Ltd (LSE:HSX) has paid tribute to its chair Jonathan Bloomer after it was confirmed that he and his wife Judy died in the Bayesian yacht disaster.
Aki Hussain, Hiscox chief executive said: “We are deeply shocked and saddened by Jonathan and Judy's tragic deaths.
“Our deepest sympathies go out to their family and friends at this devastating time.
"It was a privilege to have known Jonathan and to have benefitted from his generosity and wisdom over the last year in his role as Chair of Hiscox.
“His deep experience across our industry and in the broader business arena, combined with his personal values, made him both an excellent Chair and a person I was proud to know and work with.
“His advice and support were immensely valuable to me, and he will be dearly missed."
Hiscox added that senior independent director Colin Keogh will take over as interim chair.
Six people have been confirmed dead in the Bayesian tragedy including British tech entrepreneur Mike Lynch whose 18-year-old daughter is still missing.
The Bayesian capsized in freak weather off the Italian coast on Monday having been chartered by Lynch to celebrate his acquittal in a long-running legal battle with US firm Hewlett-Packard and the US authorities.