A group of global insurance companies and brokers took advantage of the World Economic Forum meeting in Davos to announce that they have established a micro insurance consortium and micro insurance venture incubator (MVI). Among the companies taking part in …
Cyber liability insurance isn’t just for large corporations anymore. Demand for cyber liability insurance is now coming from middle-sized and small businesses, according to an insurance CEO who believes the market potential is tremendous. “Now we see many, many what …
Gary Windsor has joined Aspen US Insurance as senior vice president of Energy and Construction. Reporting to Tony Carroll, executive vice president, Marine, Energy, and Construction, Windsor will be based in Miami and be responsible for Aspen US Insurance’s on-shore …
Bermuda-based Endurance Specialty Holdings Ltd. today offered to buy Aspen Insurance Holdings Limited, also based in Bermuda, for $3.2 billion, or $47.50 per Aspen share, in a hostile takeover. The combined company would have more than $5 billion of combined …
ThinkRisk Underwriting Agency, a division of RSG Underwriting Managers, LLC, and Aspen US Insurance have launched a new national management liability package program. The product is available on an admitted basis in most states and offers multiple coverage lines for …
B&B Protector Plans, Inc. and Aspen US Insurance have partnered for lawyers professional liability, with Aspen US now the carrier for the Lawyer’s Protector Plan (LPP). The program will offer lawyers professional liability coverage to law firms with one to …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Aspen Bermuda Limited (ABL). Best has also affirmed the …
Aspen Insurance Holdings Ltd. in Bermuda has appointed John Worth as group chief financial officer of the company, effective Nov. 1. He will be based in London, reporting directly to Chris O’Kane, Aspen’s chief executive officer, and join Aspen’s group …
Aspen Insurance Holdings Limited announced this week Mario Vitale, who has been serving as co-CEO of Aspen Insurance division alongside Rupert Villers, will become the sole CEO of the division, effective July 1. Vitale will also remain as president of …
Aspen Insurance Holdings appointed Mario Vitale as co-CEO of Aspen Insurance, effective Jan. 1, 2012. He replaces John Cavoores who will be leaving that post at the end of the year. He will work jointly with Rupert Villers, co-CEO of …
