Aspen Insurance Holdings News

Aspen Insurance Reconfigures Management Team with 2 New CEOs, Non-Exec Director

Aspen Insurance Holdings Ltd. announced it has made some major changes to its management team, including the appointment of a non-executive director, two chief executive officers and a chief underwriting officer. The announcement also covers the appointment of Theresa Froehlich …

Aspen Appoints Chidwick as Chief Financial Officer, Succeeding Kirk

Aspen Insurance Holdings Ltd. announced that Kevin Chidwick has been appointed group chief financial officer, effective May 1, 2020. Chidwick, who will report to Mark Cloutier, executive chairman and group chief executive officer, succeeds Scott Kirk, who will leave Aspen …

Sectors Under Pressure, Such as Insurance, Remain Private Equity Targets: Apollo Exec

Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets. “Certainly, this is not a value-oriented environment,” said Harris, senior managing director of Apollo Global Management, …

Edwards Named CEO of Aspen Insurance UK and Aspen Managing Agency

Aspen Insurance Holdings Ltd. announced that Clive Edwards has been appointed chief executive officer of Aspen Insurance UK Ltd. (AIUK) and Aspen Managing Agency Ltd. (AMAL), subject to regulatory approval. Edwards succeeds Mike Cain who, as previously announced, has been …

Aspen Appoints Kotch from Validus as Chief Information Officer

Aspen Insurance Holdings Ltd. announced that Mary Kotch has been appointed chief information officer, with immediate effect. Kotch has more than 20 years’ experience in strategic technology innovation, application shared services, managing a global project management office, infrastructure, architecture, and …

Aspen Insurance Holdings Appoints Ritz from Validus as President

Aspen Insurance Holdings Ltd. has appointed Jonathan Ritz as president, with immediate effect. Ritz was formerly chief executive officer of Validus’ US Insurance Operations, which included Western World Insurance Group, Crop Risk Services and Validus Specialty — all acquired by …

Aspen Taps Brekenfeld from Lloyd’s as Director of Global Corporate Development

Aspen Insurance Holdings Ltd. announced that Joshua (Josh) Brekenfeld has been appointed director of Global Corporate Development. Brekenfeld joins Aspen from Lloyd’s of London where he spent six years in senior roles, most recently leading the business oversight relationship between …

Dunleavy Named Aspen Re’s CUO, Succeeding Issavi Who Moves to Ryan Specialty

Emil Issavi, previously Aspen Re’s president and chief underwriting officer and managing director of the Americas is taking on a new role as a senior executive of Ryan Specialty Group (RSG), RSG Underwriting Managers (RSGUM) and Ryan Re Underwriting Managers, …

Aspen to Place UK MGA in Runoff, Closes Dublin Office and Makes Executive Changes

Aspen Insurance Holdings is placing its UK managing general agency in runoff, closing its Dublin office and making a slew of executive personnel changes including naming a new CEO of Aspen Bermuda, a new group chief operating officer and a …

Aspen Insurance CEO O’Kane Issues Statement That He Will Step Down in 2019

Chris O’Kane, group chief executive of Aspen Insurance Holdings, issued the following statement to employees that he will step down from his position when Apollo Global Management completes its purchase of Aspen in the first half of 2019. The statement …