Andrew Kudera has been appointed executive vice president and group chief actuary of Aspen Insurance Holdings (Aspen), effective 03, February 2020.
Aspen’s previous group chief actuary, Paul Frydas, will assume the new role of chief analytics officer and will lead strategic pricing, aggregation management and modelling. Frydas will remain chief actuary for Aspen Insurance UK, Aspen Managing Agency and Aspen Bermuda.
Kudera brings 40 years of actuarial experience in the re/insurance industry to Aspen.
Prior to managing his own consulting firm, he served as executive vice president and group chief actuary at Validus Group from 2010 to 2019. He also held various senior-level roles for Fireman’s Fund, Endurance, and KPMG.
Mark Cloutier, executive chairman and group chief executive officer, commented: “Welcoming an industry-leading expert of Andy Kudera’s quality to our team increases our capabilities, allowing us to transform our business, simplify and enhance our operations, and increase accountability across these functions”.
“Kudera’s capabilities and fresh perspective, paired with Paul Frydas’ considerable expertise and experience, will create a strong partnership across complementary disciplines,” he adds.
