12 January 2024 Insurance

Aspen taps Berkley CUO to steer US inland marine business

Aspen Insurance Holdings has hired a top executive from Berkley Fire & Marine to head up its inland marine product and underwriting in the US.

Michael Tate joined Aspen in mid-December as inland marine – head of product & underwriting. He will be based in Chicago.

Tate previously served as chief underwriting officer at Berkley Fire & Marine since 2021. Prior to that, he was with The Hartford Insurance beginning in 2005, in a variety of increasingly executive level roles, including head of marine.

In his newly created role at Aspen, Tate will be responsible for the design, implementation and execution of insurance solutions related to the US inland marine business. He also will be actively engaging with brokers on their appetite, risk management and digital underwriting needs, as well as collaborating closely with Aspen’s first party lines of coverage.

Tate will report to Josh Jennings, SVP, head of inland marine and property programmes, who said: “We are thrilled to welcome Mike to our team, bringing more than 18 years of invaluable experience that will undoubtedly enhance our inland services and elevate the client experience to new heights.”

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