A brand new boss is taking the reins at Aspen Insurance Holdings Limited, which introduced right now that, topic to regulatory approval, Clive Edwards has been appointed CEO of Aspen Insurance UK Limited (AIUK) and Aspen Managing Agency Limited (AMAL).
Edwards takes over from Mike Cain, who not too long ago moved into the position of group chief working officer. Edwards’ former place as co-chief underwriting officer at AIUK shall be stuffed by Henry MacHale and Jamie Lewis, for insurance coverage and reinsurance respectively, once more topic to regulatory approval. The two heads may also preserve their roles as world head of specialty for Aspen Insurance, and head of London for Aspen Re and Specialty Re world product head respectively. Lewis will proceed in his place as deputy lively underwriter of Aspen’s Lloyd’s syndicate 4711.
“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,” stated Mark Cloutier, govt chairman and group CEO.
The insurance coverage firm made one other announcement right now as nicely – Hannah Purves has been appointed non-executive director of AIUK, and it’s proposed that she will come on to the board of AMAL in the end, in response to a launch. Purves was not too long ago a board director and claims director at Markel International, and additionally served as a board member and deputy chair of the Lloyd’s Market Association Claims Committee.
“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,” commented Cloutier.