John Julius Angerstein

Angerstein Global Risk Management proudly took its name from the esteemed legacy of John Julius Angerstein, the Father of Modern Indemnity. As a firm deeply rooted in the principles of risk management, insurance, and financial stewardship, we honor Angerstein's pioneering spirit and commitment to excellence. His multifaceted endeavors as a business owner, underwriter, broker, and lover of fine art serve as inspiration for our own dedication to providing top-tier risk management solutions to our clients worldwide.  John Julius Angerstein was a prominent figure in the world of business, insurance, and art during the late 18th and early 19th centuries. Born in 1735 in St. Petersburg, Russia, Angerstein moved to England at a young age and eventually established himself as a successful merchant and businessman in London. As a business owner, Angerstein was involved in various ventures, including trading commodities such as grain, and later became a prominent underwriter in the insurance industry. His keen understanding of risk management and financial acumen led him to become a leading figure in the burgeoning insurance market of his time.

Angerstein's contributions to the insurance industry extended beyond underwriting; he also played a key role as a broker, facilitating transactions between insurers and clients. His reputation for fairness and integrity earned him the trust of many in London's business community. In addition to his business pursuits, Angerstein had a passion for art and amassed a significant collection throughout his lifetime. His love for fine art led him to become a patron of the arts, supporting artists and fostering cultural exchange in London. His collection would later form the foundation of the National Gallery in London after it was purchased by the British government in 1824, a testament to his enduring legacy in the art world.

Angerstein's diverse interests and accomplishments in business, insurance, and the arts solidify his reputation as a multifaceted entrepreneur and visionary of his time, earning him the moniker "Father of Modern Indemnity" and inspiring the naming of Angerstein Global Risk Management in his honor.