Aspen poaches group head of outwards reinsurance from Markel

Aspen Insurance Holding has appointed a new group head of outwards reinsurance. She begins her role on June 1, 2021.

Aspen’s Outwards Reinsurance team is also being realigned to work with the Aspen Capital Markets team under the leadership of Brian Tobben; the new team will be known as Aspen Capital Partners.

New group head of outwards reinsurance Laurie Shane joins Aspen from Markel Corporation where she was managing director of global ceded reinsurance. In this role she worked to develop outward reinsurance strategies focusing on reducing group earnings volatility, balance sheet protection and managing third party credit risk.

Prior to Markel, Laurie served as vice president, corporate insurance, at QBE for the Americas region where she established the new Corporate Insurance Department. She has also held senior roles at Delos Insurance Group, as senior vice president, capital management and reinsurance, and Praetorian Financial Group/Clarendon, where she was vice president, reinsurance placements and operations.

Brian Tobben said: “We are excited to have Laurie join the Aspen team. Laurie brings a wealth of experience and is held in high regard in the market. I am looking forward to working with her, our brokers and our reinsurers as we continue to transform our outwards reinsurance program.”

Shane said: “It is tremendously exciting to be joining Aspen at this unique time in its journey and I look forward to helping build an outwards reinsurance programme that moves from strong to powerful.”

On the creation of Aspen Capital Partners, Tobben added: “Bringing outwards reinsurance together with Aspen Capital Markets will help us deliver on our growth strategy while increasing collaboration and optimising our capital position. The combined team will capture efficiencies from overlapping process and benefit from leveraged expertise.”

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