A new boss is taking the reins at Aspen Insurance Holdings Limited, which announced today that, subject 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 recently moved into the role of group chief operating officer. Edwards’ former position as co-chief underwriting officer at AIUK will be filled by Henry MacHale and Jamie Lewis, for insurance and reinsurance respectively, again subject to regulatory approval. The two heads will also keep their roles as global head of specialty for Aspen Insurance, and head of London for Aspen Re and Specialty Re global product head respectively. Lewis will continue in his position as deputy active 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,” said Mark Cloutier, executive chairman and group CEO.
The insurance company made another announcement today as well – Hannah Purves has been appointed non-executive director of AIUK, and it is proposed that she will come on to the board of AMAL in due course, according to a release. Purves was recently a board director and claims director at Markel International, and also 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.