We offer bespoke products backed by an unparalleled level of expertise and service. Our appetite is broad, both in terms of industry sector and territory. Our aim is to build long-term, mutually beneficial partnerships with our clients.
With global capabilities, Aspen’s International Management Liability team is based in London and operates out of Aspen’s Fenchurch Street office and Lloyd’s of London (Box 202).
The team is split between Financial Institutions and Commercial Directors & Officers with 5 underwriters in each team. Aspen’s International Management Liability team benefit from a breadth of knowledge as each team has a range of experience and is well equipped to underwrite risk from multiple vantage points. We work very closely with our dedicated and expert claims team who are committed to handling all claims efficiently and promptly.
We have a flexible underwriting approach and a clear upward decision-making process. With our expertise, high-level of service and product offering, we believe that we are the best-in-class end-to-end partner.
We offer bespoke products backed by an unparalleled level of expertise and service that leads to our clients treating us as close partners. Our appetite is broad, both in terms of industry sector and territory.
Head of International Management Liability
Led by Michael Kemble, we provide a comprehensive range of specialist Financial Institutions insurance products for companies around the world. Our reach is global and our clients include, but are not limited to, major banking institutions, specialist financial services firms, investment managers, hedge funds and stockbrokers. Whatever the size or needs of the client, our experienced team provide a high level of service, offering a broad range of flexible cover.
Products include:
- FI Directors & Officers Liability (D&O)
- Bankers Blanket Bond (BBB/Crime)
- FI Professional Liability (PI)
- Prospectus liability (POSI)
- Pension Trustee Liability and Ancillary Coverages
Line size: Up to US$25 million
Led by Simon Inzani, we provide our commercial clients with bespoke products across the breadth and depth of the market, giving them and their directors and officers tailored and up-to-date protection from losses.
We are an excess only market, with a typical attachment point of US$75 million and a minimum attachment point of US$25 million/GB£15 million. We have an international portfolio of FTSE 100, S&P 500, ASX, NYSE, Nasdaq, LSE and private SME entities.
We can offer Side ABC, AB, A and Side A DIC capacity. Our industry focus is Manufacturing/Industrial, Metals and Mining, Communications, Technology and, Utilities companies. Sectors that are considered with caution are: Retail, Construction, Biotech and, Pharmaceutical companies, however, these will be looked at on a case by case basis.
Products include:
- Directors and Officers Liability (D&O)
- Pension Trustee Liability
- Prospectus Liability (POSI)
- Trustee Liability
Line size: Up to US$25 million.
Transactional Liability
We provide Transactional Liability insurance in the following areas:
- Warranties and Indemnities/Reps and Warranties: Insurance for loss incurred by the insured as the result of the breach or inaccuracy of representations and warranties made in a transaction agreement.
- Tax Liability: Insurance for loss incurred by the insured as the result of one or more tax positions or tax treatments being challenged and disallowed or amended by the relevant tax authority.
- Contingency: Insurance for loss incurred by the insured due to the crystallisation of an administrative, judicial, or legislative exposure or unintended interpretation of a contractual provision.