Reinsurance News

Aspen Capital Markets hires Chris Lee from Hiscox Re & ILS as COO

20th January 2023 - Author: Kane Wells

Aspen Insurance Holdings has announced the appointment of Chris Lee as Chief Operating Officer of Aspen Capital Markets, the alternative reinsurance arm of Aspen.

In the new role, Lee will be responsible for driving strategic investments in technology and change to support the continued growth of Aspen Capital Markets.

Based in Bermuda, Lee will work closely with Aspen’s operations and technology teams to implement best practices in processes, systems and data, to further enhance the Aspen Capital Markets value proposition.

Lee joins Aspen from Hiscox Re & ILS, where he led the data and insights strategy as Head of Insight before assuming the role of COO.

Lee commented on his appointment, stating, “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 realize Aspen’s ambitions.”

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Brian Tobben, CEO of Aspen Capital Partners, added, “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.”

Aspen Capital Markets specialises in constructing tailor-made portfolios of reinsurance for investors, utilising managed insurance-linked securities funds, as well as quota share sidecar structures that are transacted via its Peregrine Re vehicle.

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