Aspen shakes up executive lineup, Edwards replaces Cain as UK insurance CEO
Bermuda-based Aspen Insurance Holdings has promoted Clive Edwards to chief executive officer (CEO) of Aspen Insurance UK (AIUK) and Aspen Managing Agency (AMAL).
Edwards succeeds Mike Cain, who has been appointed to the position of group chief operating officer (COO).
Edwards was most recently co-chief underwriting officer of AIUK. He will be replaced by Henry MacHale and Jamie Lewis as the co-CUOs for AIUK, for insurance and reinsurance respectively.
MacHale will retain their roles as global head of specialty for Aspen Insurance, while Lewis will continue to serve as head of London, Aspen Re, and Specialty Re global product head. Lewis will also retain his role as deputy active underwriter of Aspen’s Lloyd’s syndicate 4711.
Additionally, Hannah Purves has been appointed as a non-executive director of AIUK and it is proposed that she will join the board of AMAL in due course.
Purves was previously a board director and claims director at Markel International with responsibility for a claims team of over 130 people located throughout Europe, Canada, Asia and Latin America. She also served as a board member and deputy chair of the Lloyd’s Market Association claims committee from 2014 to May 2019.
Mark Cloutier, executive chairman and group chief executive officer, said: “Clive was part of the original team at the outset of Aspen and has continually demonstrated an outstanding capability as an underwriting leader. His proven experience and expertise, and the high esteem in which he is held in the UK market, make him very well qualified to take on these roles.”
He added: “I am delighted to welcome Hannah to Aspen. She has an industry-leading claims reputation which will add further depth to our strategic focus on arguably the most important service that we deliver.”
Get all the latest re/insurance industry news with our daily newsletter - sign up here.
Insurtech raises $3 bn record in funding in first half of 2019
Markel buys UK-based business to strengthens presence in the online market
Prudential strikes $2.35bn US insurtech deal
Alliant Insurance launches mergers & acquisitions group
Mining insurance 'not yet a truly hard market' despite losses, says Willis Towers Watson Extreme wildfire risk affects 775,654 US homes, report shows
Clyde & Co expands casualty insurance group with partner hire
Starr appoints general manager and president of Chinese operations
Feature: 10 ways insurers are using insurtech to drive new business
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze