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19 June 2014News

Aspen opens Miami office to service LatAm market

Despite continuing M&A overtures from Endurance, Aspen Insurance has announced that it will be opening a regional hub in Miami to service the burgeoning Latin American market.

The office’s initial focus will be on the regional energy market alongside the expanded capabilities of Aspen Insurance’s US operations.

Commenting on the move, Tony Carroll, executive vice President and head of marine, energy and construction for Aspen US Insurance, says: “With the recent appointment of Gary Windsor to spearhead our onshore energy expansion into Latin America, we are building an energy team focused on bringing industry leading expertise and local knowledge to support the growing demand for energy risk solutions throughout the region. Gary’s team will begin writing business from Miami in July.

Mario Vitale, CEO of Aspen Insurance, adds, “This is an important next step as we continue to expand our Insurance operations in targeted markets around the world and we plan to roll out additional products across Latin America in due course.”




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More on this story

News
3 December 2023   The insurer is expected to hold an IPO in 2024.
News
23 November 2023   The re/insurer recovered from a third quarter loss in 2022 to record a strong profit this year.
News
13 October 2023   He joins Aventum Group as its first group chief risk officer.