Aspen hires AIG exec to lead international cyber risk

Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings, has named Raheila Nazir as head of international cyber risk.

Nazir will report to Ann Haugh, president, Aspen International Insurance and chief operating officer, Aspen Insurance, and Oliver Brew, executive vice president, global head of cyber risk and head of international professional indemnity.

Based in London, Nazir joins Aspen Insurance from AIG Europe, where she was professional indemnity manager for Europe, the Middle East and Africa, a role in which she helped drive the cyber strategy with responsibility for product innovation in cyber, technology and media lines.
Previously, she was cyber & communications, media and technology manager, managing and co-ordinating the UK portfolio of AIG Europe.

Nazir will join Aspen in the summer and has more than 16 years’ experience as an underwriter across different product lines including cyber, property, and liability. She previously held senior roles at Cat Excess, Brit and RSA.

Aspen has also appointed Nicholas Lang as underwriter for cyber. He joins from Principia Underwriting and has held previous roles at Barbican Insurance and Endurance Worldwide Insurance. Lang will join Aspen on 30 June.

Haugh said: “I am delighted that someone of Raheila’s calibre and experience is joining Aspen Insurance. This appointment bolsters significantly our position in the cyber market in London and internationally.
“It is testament to our strong track record of applying intelligence and insight to every part of our business, that we are able to attract such strong talent.”

She added: “Raheila brings further depth to the Aspen International Cyber team and her expertise and extensive experience will be fundamental in our strategy of driving growth in this important line of business.”