Hiscox Group has paid tribute to its chair Jonathan Bloomer and his wife Judy, who died earlier this week when the 56-metre British flagged yacht Bayesian sank near the port of Porticello, Sicily. There were 10 crew and 12 passengers on board. At the time of writing, five people had died in the tragedy and one remained missing.

Aki Hussain, CEO of Hiscox Group, said: “It was a privilege to have known Jonathan and to have benefitted from his generosity and wisdom over the last year. 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.”