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Aspen ‘well positioned’ as executives move up

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Christian Dunleavy has been appointed to the newly-created position of group chief underwriting officer at Aspen.

Mark Cloutier, executive chairman and group chief executive officer of Aspen Insurance Holdings, announced Mr Dunleavy’s appointment and several other changes to the company’s senior leadership internally.

Mr Cloutier said: “In this role, Christian will continue to lead our efforts to deliver against our strategy, leveraging our excellent underwriting and market facing teams with the strong capabilities of our Capital Partners business.”

He added that other promotions and changes in reporting lines were being made to support Mr Dunleavy.

Andrew Rippert becomes chief underwriting officer for Aspen Re, the reinsurance segment of the company, and will join the group executive committee.

Mr Rippert joined Aspen in June with more than 20 years’ experience in shaping and building global mortgage insurance and reinsurance businesses and portfolios.

Mr Cloutier said: “His experience at Arch Capital saw him establish and lead a multibillion dollar mortgage credit business that was pre-eminent in the market. I am looking forward to working with Andrew in his new role and he also will now join me on the Group ExCo.”

Beatrice Morley will step into the role of head of International Reinsurance.

Mr Cloutier said Ms Morley has been with Aspen since 2011 when she joined to develop Aspen’s Asian casualty portfolio.

Ms Morley was appointed global product head of Casualty Reinsurance in 2017 and is also currently head of APAC.

Mr Cloutier said: “This role will add Zurich to her Singapore and Australia/New Zealand oversight.”

Mark Pickering will become CEO of Aspen Bermuda Limited, while retaining his current responsibilities as group chief capital management officer and treasurer.

Mr Pickering joined Aspen in 2015 as group treasurer and became CFO and director of Aspen Bermuda Limited in 2018.

Mr Cloutier said: “He has been invaluable in cultivating our improved relationships with regulators and rating agencies.”

He added: “I am excited to share this announcement with you, and please join me in congratulating everyone on their new roles and responsibilities.

“Aspen remains well positioned to take advantage of the market conditions as we continue to refine and retool our support functions to match our underwriting and capital markets capabilities.”

Christian Dunleavy: appointed group chief underwriting officer at Aspen (Photograph supplied)
Mark Cloutier: executive chairman and group chief executive officer at Aspen (File photograph)
Andrew Rippert: named chief underwriting officer at Aspen Re (File photograph)
Beatrice Morley: named head of International Reinsurance at Aspen
Mark Pickering: to be CEO of Aspen Bermuda Limited, Group Chief Capital Management Officer and Treasurer (Photograph supplied)

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Published December 23, 2021 at 7:55 am (Updated December 23, 2021 at 7:55 am)

Aspen ‘well positioned’ as executives move up

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