Aspen names two global heads

Aspen Insurance, the insurance segment of Aspen Insurance Holdings, has appointed Mike Toppi as global head of surety risk and Paul Sanders as global head of credit & political risk.

These appointments are part of Aspen Insurance’s strategy to leverage its global platform and better align product capabilities and distribution. Toppi and Sanders will report to David Cohen, president and chief underwriting officer, Aspen Insurance.

Toppi was previously Aspen’s executive vice president (VP), chief surety lines underwriter. He has 25 years of experience in the surety business and started his career at Aetna Casualty & Surety Company. He also spent five years at The Hartford Insurance Group and has held a senior role at Travelers.

Sanders joined Aspen in September 2014 as head of credit & political risk. He was previously VP and regional manager UK at Zurich where he was responsible for managing the London market portfolio of political risk and credit business. He has also held a senior political risk broker role at Marsh / Sedgwick.

Cohen said: "These internal appointments reflect the expertise and talent we have within Aspen Insurance as we continue to globalise our product offerings. I look forward to working with Mike and Paul, along with our other global heads, as we bring further benefits to our brokers and clients through our global platforms.”