Aspen has officially named Sarah Stanford (pictured) as the chief executive officer of its UK operations.
The announcement comes after Stanford’s appointment as interim CEO in January, with the Aspen UK boards giving their approval to make the position permanent.
In line with Stanford’s new role, Dan Osman has been selected to take over her previous capacity as active underwriter for Lloyd’s Syndicate 4711 while continuing his tenure as chief underwriting officer for Aspen Insurance UK (AIUK).
Osman first joined Aspen in 2018 as a senior underwriter. He was subsequently promoted to head of credit and political risk in 2021. A year later, he was appointed CUO of AIUK.
Prior to his time at Aspen, Osman had amassed 17 years of experience in the banking sector. He was involved in diverse functions ranging from credit research and correlation trading to bond and credit default swap trading, as well as loan and portfolio management.
In an emailed statement, Stanford expressed her enthusiasm for Osman’s promotion and said his new combined role will “help drive Aspen’s commercial strategy with greater integration into Aspen’s overall business objectives.”
“I am delighted that Dan has agreed to take on the combined role of CUO AIUK and active underwriter for Aspen’s Syndicate 4711, a position I hold dear and that will remain crucial as Aspen continues to strengthen its London and Lloyd’s presence,” she added. “I am particularly proud that we were able to promote Dan and recognise the breadth of talent we have in the team.”
Stanford took over as interim CEO in January after Richard Milner left Aspen UK to join Chaucer Group.
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