Aspen confirms new UK chief executive

(Re)insurance firm Aspen has revealed that Sarah Stanford has taken up the role of UK chief executive full-time.

Stanford moved into the role on an interim basis in January following the departure of Richard Milner.

Aspen has now confirmed that she will stay in the role following approval from its UK boards.

Prior to being the top boss, Stanford held the role of active underwriter for Lloyd’s Syndicate 4711.

In her new role, she will report to Mark Cloutier, executive chairman and group chief executive of Aspen.

Other move

With Stanford moving roles, Aspen confirmed that Dan Osman will take over her previous position in addition to his current responsibility as chief underwriting officer of Aspen Insurance UK (AIUK).

Osman joined Aspen in January 2018 as senior underwriter and was promoted to head of credit and political risk in 2021.

Prior to Aspen, he spent 17 years in the banking industry, holding various roles in credit, including credit research, correlation trading, bond and credit default swap trading, loan and portfolio management.

Stanford said: “I am delighted that Dan has agreed to take on the combined role of CUO AIUK and active underwriter for Aspen’s Syndicate 4711, a position I hold dear and that will remain crucial as Aspen continues to strengthen its London and Lloyd’s presence.

“I am particularly proud that we were able to promote Dan and recognise the breadth of talent we have in the team.

“As CUO AIUK and active underwriter of Syndicate 4711, Dan will help drive Aspen’s commercial strategy with greater integration into Aspen’s overall business objectives.”