HAMILTON, Bermuda--(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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160104006038/en/
Please visit www.aspen.co
or contact:
Investors
Mark Jones, +1-646-289-4945
Senior
Vice President, Investor Relations, Aspen
mark.p.jones@aspen.co
or
Media
Douglas
Menelly, +1-646-289-4960
Senior Vice President, Aspen Insurance
doug.menelly@aspen-insurance.com
or
Karen
Green, +44 20 7184 8110
Office of the CEO, Aspen
Karen.Green@aspen.co
or
International
– Citigate Dewe Rogerson
Caroline Merrell or Jos Bieneman, +44 20
7638 9571
caroline.merrell@citigatedr.co.uk
jos.bieneman@citigatedr.co.uk
ot
North
America – Abernathy MacGregor
Carina Davidson or Erin Smith,
+1-212-371-5999
ccd@abmac.com
eks@abmac.com
Source: Aspen Insurance