Aspen Insurance Holdings Limited announced that Nick Bonnar, Head of Specialty, and Ian Beaton, Head of Insurance, have resigned to take up new positions in the industry. Beaton will leave with immediate effect and it is expected that Bonnar will remain with the Company until the expiration of his notice period in March 2007.
“A further announcement regarding succession arrangements will be made in due course,” said the bulletin.
Chris O’Kane, Aspen’s Chief Executive commented: “One of the founding principles of Aspen is the strength and depth of our underwriting talent. Within our specialty lines and insurance portfolios we have teams of talented underwriters, many of whom are acknowledged leaders in their particular fields. As a result, brokers and clients can continue to expect the same high levels of service from Aspen. I would like to take this opportunity to thank Nick and Ian for their contributions to the Company. We wish them every success for the future.”
Was this article valuable?
Here are more articles you may enjoy.
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
Gun Accessory Company to Pay $1.75 Million to Buffalo Supermarket Shooting Victims 
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
