Bermuda-based re/insurer Aspen, has announced the appointment of Mike Duffy to the Aspen Managing Agency Limited (AMAL) and Aspen Insurance UK Limited (AIUK) Boards as a Non-Executive Director, effective February 1, 2023.
Duffy will join the AMAL and AIUK, which together are known as Aspen UK, Boards as Senior Independent Non-Executive Director (SID), Chair of the Nominations Committee, and Chair of the Governance Committee, subject to regulatory approval.
Commenting on his appointment, Duffy said: “I am excited to join the Aspen U.K. Boards at a time when the business is continuing to demonstrate its potential and deliver strong performance.
“I look forward to working with my fellow Board members, and the wider leadership team, to help Aspen continue its trajectory and deliver value for all its stakeholders.”
With a 40-year career across underwriting and broking, Duffy is a vastly experienced and highly respected leader in the Lloyd’s market.
During his extensive career, he has gained significant risk, governance, transaction and regulatory experience across the UK, US, Bermuda and Singapore insurance and reinsurance markets.
He was most recently Group Chief Underwriting Officer for Canopius, where he held several Board roles across the Canopius corporate group of entities. In addition, he has held numerous leadership positions across a range of broking and insurance groups.
Richard Milner, Chief Executive Officer, Aspen UK, commented: “I am delighted that Mike is joining the Aspen UK Boards. His extensive experience in the sector will add further depth and guidance. We look forward to welcoming his insights and expertise as we continue to deliver against our strategic vision for Aspen as a leading, global specialty insurer and reinsurer.”
