Aspen hires former Hiscox Re & ILS COO

Bermuda-based re/insurer Aspen Insurance Holdings has hired Chris Lee, the former chief operating officer (COO) of Hiscox Re & ILS, as COO of its alternative reinsurance arm Aspen Capital Markets.

Lee will join Aspen in Bermuda. He will be responsible for driving strategic investments in technology and change to support the continued growth of Aspen Capital Markets.

Lee comes from Hiscox Re & ILS , where he initially led the firm’s data and insights strategy as head of insight before assuming the role of COO.

Brian Tobben, CEO, Aspen Capital Partners, said: “We are delighted to welcome Chris to the team and look forward to his contribution to the capital markets franchise.  We are confident that he will be a valued addition as we expand our product offerings to investors.”

Lee added: “I am excited to be joining Aspen Capital Markets at such an exciting part of its journey, and I look forward to working with Brian and the team to realise Aspen’s ambitions.”