Aspen US Insurance, part of the insurance segment of Aspen Insurance Holdings Limited, unveiled a realignment of its Casualty business, shifting from a general casualty model to a specialty one.
The announcement said that the new structure will more closely align Aspen US Insurance’s casualty expertise with the needs of specific segments in the market.
The reconfigured team will serve four product lines: Real Estate/Hospitality, where Aspen said it will continue to provide coverage for the ongoing needs of this market; Construction, where Aspen US will aim to expand its presence; Excess Liability, where the company will continue to provide both excess and umbrella coverages as it has done for several years; and Products Liability.
The product teams have been established across three regions (East, Central, West) in the U.S.
“The specialty casualty market in the U.S. is complex and requires deep expertise and creative solutions,” Roxanne Mitchell, executive vice president and chief Casualty officer, commented: .”I am excited about this new structure as it will allow us to bring our industry expertise directly to the specialty casualty needs of the market. We are now even more strongly placed to support the unique needs of our broker partners and clients.”
Aspen US Insurance, which is part of Aspen Insurance Holdings Limited, writes property, casualty and specialty insurance in the United States on both a surplus lines and admitted basis through Aspen Specialty Insurance Co. and Aspen American Insurance Co. Aspen US Insurance’s business lines include Property, Primary & Excess Casualty, Environmental, Marine, Energy and Construction, Management and Professional Liability, Commercial Surety and Programs.
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