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Aspen Insurance: Senior Management Appointments

Stocks in this article: AHL

Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited (NYSE:AHL), is announcing today a number of senior management appointments.

Ann Haugh will be joining Aspen Insurance on November 11 as Global Chief Underwriting Officer and Chief Operating Officer, a new position within the Insurance business. Ann was until recently Group Chief of Staff for Zurich in Switzerland and she has a wealth of experience in underwriting and operations, both in the US and internationally. She was previously Chief Executive Officer for Zurich’s Global Corporate business in the UK and before that, Chief Operating Officer for Zurich’s entire Global Corporate business. Prior to this, Ann had worked for Great American Insurance Company as an Executive Liability underwriter, before moving to broader roles at Zurich US, Arch and Zurich Group. Ann will be based in London in this new role.

Rupert Villers, Chairman of Aspen Insurance, said: “Appointing a Global CUO and COO provides a single focal point in terms of underwriting oversight and the day-to-day management of operational issues across the business. This new role adds to the strength of our Insurance management team and will bring an even sharper focus to our global underwriting and operational strategies.”

Mario Vitale, Chief Executive of Aspen Insurance, added: “This appointment is consistent with our strategy of developing a more integrated, global business. Ann has extensive underwriting and operational experience and I am delighted to welcome her to the Aspen Insurance team. We have worked well together previously and I look forward to working with her in this new role.”

Separately, Aspen Insurance is bringing together its Property and Casualty businesses by creating integrated Property and Casualty sub-segments in both its International and US operations. Bob Patten, currently Head of Global Excess Casualty, and Bob Rheel, Executive Vice President, Customer, Distribution and Marketing (CDM) for US Insurance have been appointed co-Heads of Aspen Insurance’s global P&C business with Bob Patten as Head of International P&C and Bob Rheel as Head of US P&C and Programs (in addition to his existing US CDM responsibilities). Following Bob Rheel’s appointment to this new role, he and Jonny Atkinson, Manager, Distribution & Business Development for International Insurance will continue to co-ordinate broker communications for their respective areas with Jonny having overarching responsibility for global brokers.

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