Aspen welcomes new inland marine – head of product & underwriting

Aspen Insurance coverage Holdings Restricted has introduced the appointment of Michael Tate as inland marine – head of product & underwriting.

“We’re thrilled to welcome Mike to our group, bringing greater than 18 years of invaluable expertise that can undoubtedly improve our inland providers and elevate the consumer expertise to new heights,” stated Josh Jennings, SVP, head of inland marine and property applications.

Who’s Michael Tate?

Tate beforehand served as chief underwriting officer at Berkley Fireplace & Marine earlier than becoming a member of Aspen. Previous to that, he took up a wide range of govt degree roles on the Hartford Insurance coverage Co. resembling chief underwriting officer – marine, head of underwriting practices – marine & development, and division marine supervisor, together with his most up-to-date place being head of marine.

In his new position, Tate can be accountable for designing, implementing, and executing insurance coverage options in relation to the agency’s US inland marine enterprise. He can even be participating with brokers in terms of their wants for threat administration and digital underwriting, whereas additionally collaborating with Aspen’s first social gathering strains of protection.

Tate will report back to Jennings and can be based mostly in Chicago, together with his appointment having taken impact on Dec 18.