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Generic business image for news article Image: Aspen Insurance Holding

13 May 2021
Bermuda
Reporter Maria Ward-Brennan

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Aspen hires Laurie Shane as head of outwards reinsurance

Laurie Shane has joined Aspen Insurance Holding (Aspen) as new group head of outwards reinsurance.

Starting on 1 June 2021, Shane will report to Brian Tobben, CEO of Aspen Capital Partners.

Shane joins Aspen from Markel Corporation where she was managing director of global ceded reinsurance.

Previously, Shane served as vice president, corporate insurance at QBE for the Americas region where she established the new corporate insurance department.

She has also held senior roles at Delos Insurance Group, as senior vice president, capital management and reinsurance, and Praetorian Financial Group/Clarendon, where she was vice president, reinsurance placements and operations.

Commenting on the hiring of Shane, Tobben says: “We are excited to have Laurie Shane join the Aspen team. Shane brings a wealth of experience and is held in high regard in the market. I am looking forward to working with her, our brokers and our reinsurers as we continue to transform our outwards reinsurance programme.”

In addition to this role, the outwards reinsurance team is being realigned to work with the Aspen capital markets team under the leadership of Tobben and that the new team will be known as Aspen capital partners.

Tobben states: “Bringing outwards reinsurance together with Aspen Capital Markets will help us deliver on our growth strategy while increasing collaboration and optimising our capital position. The combined team will capture efficiencies from the overlapping process and benefit from leveraged expertise.”

In February 2020, Andrew Kudera was appointed executive vice president and group chief actuary Aspen.

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