Aspen Insurance Holdings Ltd - Company Profile
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Aspen Insurance Holdings Ltd (Aspen Insurance) is an insurance holding company. The company, through its subsidiaries, offers a range of non-life insurance and reinsurance products to its clients. It offers insurance products for property, casualty, marine, aviation, transportation, project risk, professional liability, accident and health, and construction liability. It also offers casualty reinsurance, property reinsurance, agriculture reinsurance, engineering and technical lines reinsurance, marine reinsurance, and terrorism reinsurance. Its service offerings include claims settlement services, insurance advisory services, and alternate reinsurance market services. It primarily distributes its products through brokers and reinsurance intermediaries. The company operates in Bermuda, the US, the UK, Jersey, Germany, the UAE, Ireland, Switzerland, France, Argentina, Canada, Australia, and Singapore. Aspen Insurance is headquartered in Hamilton, Bermuda.
Headquarters
Bermuda
Address
141 Front Street, Hamilton, HM19
Website
www.aspen.co
Telephone
1 441 2958201
No of Employees
946
Industry
Financial Services
Revenue (2022)
$2.9B
Aspen Insurance Holdings Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Property Insurance | Claims Settlement Services |
| Casualty Insurance | Underwriting Services |
| Marine Insurance | Insurance Advisory Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Stock Listings/IPO | In December, the company announced its plans to raise the IPO of shares. |
| 2023 | Contracts/Agreements | In October, the company entered into an agreement with Ki Insurance to provide digital follow capacity through Ki's Lloyd's platform from 1 January 2024. |
| 2023 | Contracts/Agreements | In June, the company has partnered with Crisis24, a risk management services provider to provide rapid response and evacuation plans to policyholders. |
Competitor Comparison
| Key Parameters | Aspen Insurance Holdings Ltd | American International Group Inc (AIG) | QBE Insurance Group Ltd | Everest Group Ltd | Arch Capital Group Ltd |
|---|---|---|---|---|---|
| Headquarters | Bermuda | United States of America | Australia | Bermuda | Bermuda |
| City | Hamilton | New York | Sydney | Hamilton | Pembroke |
| State/Province | - | New York | New South Wales | - | - |
| No. of Employees | 946 | 25,200 | 13,479 | 2,844 | 6,400 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark Cloutier | Chief Executive Officer - Group; Chairman | Executive Board | 2019 | - |
| Christopher Coleman | Chief Financial Officer | Senior Management | 2021 | - |
| Rob Houghton | Chief Operating Officer | Senior Management | 2022 | - |
| Hemal Patel | Chief Information Officer | Senior Management | 2020 | - |
| Christian Dunleavy | Chief Underwriting Officer; Chief Underwriting Officer - Reinsurance | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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