Aspen Appoints New Global Product Heads for Insurance
January 04 2016 - 11:13AM
Business Wire
Aspen Insurance, the insurance segment of Aspen Insurance
Holdings Limited (“Aspen”) (NYSE:AHL), has announced the
appointment of new global product heads as part of its strategy to
leverage its global platform and better align product capabilities
and distribution:
- Oliver Brew has been appointed
Executive Vice President, Global Head of Cyber Risk & Head of
International Professional Indemnity. Initially based in the U.S.,
Oliver will relocate to London in mid-2016. Oliver was until
recently Senior Vice President, Head of Errors & Omissions
(E&O) with Liberty International Underwriters. He brings more
than seventeen years of industry experience to Aspen, with strong
technical and underwriting expertise.
- Bruce Eisler, who joined Aspen in
January 2010, has been named Global Head of Professional Liability.
In his new role, Bruce will develop a growth plan across new
markets and geographies. He most recently served as Executive Vice
President, Head of U.S. Financial & Professional Lines,
creating a profitable and expanding business, managing an
underwriting team across five offices in the U.S. He will continue
to serve in this role through a transition period.
- Don Harrell has been appointed Global
Head of Marine & COO of International Operations. He will
initially join Aspen in the U.S. and then relocate to London in
2016. With nearly twenty five years of industry experience, Donald
joins Aspen from Liberty International Underwriters, where he most
recently served as Senior Vice President of Marine, managing an
underwriting team of more than fifty and holding P&L
responsibility for a significant book of business.
- Tim Kania has been appointed Global
Head of Onshore Energy & Construction and will be based in New
York. Tim brings nearly thirty years of industry experience to
Aspen, most recently serving as Senior Vice President of Energy
& Construction at Liberty International Underwriters,
overseeing the growth and profitability of both U.S. and global
businesses.
- Peter Slot joined Aspen Insurance in
early 2015 and was appointed Global Head of Accident & Health.
Based in London, Peter joined from Beazley, where he was Head of
Accident and Health (A&H) in the U.S., with responsibility for
both insurance and reinsurance. Prior to this, he was the regional
underwriting manager, A&H U.K. and Ireland for AIG, and also
held previous underwriting roles at Houston Casualty Company
(London) and Kiln Syndicate.
Aspen had previously announced the appointments of the following
global product heads:
- Dave Adamczyk, Global Head of
Railroad
- Bill McElroy, Global Head of
Environmental
Mario Vitale, Chief Executive Officer, Aspen Insurance,
commented, "Our new global product heads are representative of our
effort to appoint the very best underwriting talent to our team and
to further develop the outstanding leaders we have within Aspen.
They bring a wealth of experience and expertise in each of their
respective areas, which will be a great asset to us as we continue
to globalize our product offerings and align our business to
benefit our customers and brokers. I look forward to working
together with our enhanced and expanded team to continue to build
upon Aspen’s platform for growth.”
NOTES TO EDITORS:
About Aspen Insurance Holdings Limited
Aspen provides reinsurance and insurance coverage to clients in
various domestic and global markets through its subsidiaries and
offices in Australia, Bermuda, France, Germany, Ireland, Singapore,
Switzerland, the United Kingdom and the United States. For the year
ended December 31, 2014, Aspen reported $10.7 billion in total
assets, $4.8 billion in gross reserves, $3.4 billion in total
shareholders’ equity and $2.9 billion in gross written premiums.
Its operating subsidiaries have been assigned a rating of “A”
(“Strong”) by Standard & Poor’s Financial Services, an “A”
(“Excellent”) by A.M. Best Company Inc. and an “A2” (“Good”) by
Moody’s Investor Service, Inc.
Application of the Safe Harbor of the Private Securities
Litigation Reform Act of 1995
This press release contains "forward-looking" statements
regarding future results and events, including, without limitation,
statements regarding its personnel and achievement of Aspen’s
strategies and business plans. Forward-looking statements include
all statements that do not relate solely to historical or current
facts, and can be identified by the use of words such as “expect,”
“intend,” “plan,” “believe,” “do not believe,” “aim,” “project,”
“anticipate,” “seek,” “will,” “likely,” “assume,” “estimate,”
“may,” “continue,” “guidance,” “objective,” “outlook,” “trends,”
“future,” “could,” “would,” “should,” “target” and similar
expressions of a future or forward-looking nature.
All forward-looking statements rely on a number of assumptions,
estimates and data concerning future results and events and are
subject to a number of uncertainties and other factors, many of
which are outside Aspen’s control that could cause actual results
to differ materially from such statements. For a detailed
description of uncertainties and other factors that could impact
the forward-looking statements in this press release, please see
the “Risk Factors” section in Aspen’s Annual Report on Form 10-K
for the year ended December 31, 2014 filed with the U.S. Securities
and Exchange Commission on February 23, 2015. Aspen undertakes no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20160104006038/en/
Please visit www.aspen.co or contact:InvestorsMark Jones,
+1-646-289-4945Senior Vice President, Investor Relations,
Aspenmark.p.jones@aspen.coorMediaDouglas Menelly,
+1-646-289-4960Senior Vice President, Aspen
Insurancedoug.menelly@aspen-insurance.comorKaren Green, +44 20 7184
8110Office of the CEO, AspenKaren.Green@aspen.coorInternational –
Citigate Dewe RogersonCaroline Merrell or Jos Bieneman, +44 20 7638
9571caroline.merrell@citigatedr.co.ukjos.bieneman@citigatedr.co.ukotNorth
America – Abernathy MacGregorCarina Davidson or Erin Smith,
+1-212-371-5999ccd@abmac.comeks@abmac.com
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