Aspen
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Market sources said the carrier was no longer accepting submissions across those classes of insurance. -
Crystal Ottaviano was previously chief risk officer at Swiss Re America.
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Richard Milner joins as senior managing director at Aspen Re International.
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Andrew Kudera was previously group chief actuary at Validus.
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Adam Casselman replaces Sam Whitnell, who is now construction director at Parker Norfolk.
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The firm also appointed Natalie Waller as a non-executive director for both the UK company and the managing agency.
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The executive will help lead a global team of almost 20 and also work with the carrier’s pre-incident services team.
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The InsurTech also raised $37mn in a funding round led by Founders Fund.
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Henry MacHale and Jamie Lewis become co-CUOs of the UK entity.
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The executive will also become global product head for specialty reinsurance.
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The move is likely to be interpreted as succession planning for current CEO Cloutier.
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The Mark Cloutier-led carrier reported improvement in its underlying underwriting result.
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