Aspen Insurance, Zurich and Markel Corp. have been filling the ranks of their Surety, Credit & Political Risk units.
Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., has appointed Mike Toppi as global head of Surety Risk and Paul Sanders as global head of Credit & Political Risk. They will report to President and Chief Underwriting Officer David Cohen.
Toppi was previously Aspen’s executive vice president and chief surety lines underwriter. He has 25 years of experience in the surety business, including time spent at Aetna Casualty & Surety Co., The Hartford Insurance Group and Travelers.
Sanders joined Aspen in 2014 as head of Credit & Political risk. He was previously VP and regional manager for the U.K. at Zurich and held a senior political risk broker role at Marsh/Sedgwick.
Zurich has named Dave Anderson head of its Credit & Political Risk unit, effective immediately. The insurer said he will remain based in Washington, D.C. and report to Bryan Salvatore, president of Zurich Specialty Products.
A 14-year veteran of Zurich, Anderson was previously global business development director for Credit & Political Risk. He launched the unit’s underwriting office in Sydney, Australia in 2006, the Singapore office in 2009, and managed the Asia-Pacific regional team until 2012. Before Zurich, Anderson led FCIA’s eastern region for multibuyer credit insurance out of New York and underwrote political risk insurance for Citicorp International Trade Indemnity, handling mainly Sub-Saharan Africa.
Markel Corp. has appointed Howard Lee as senior underwriter in its Trade Credit & Political Risk business in the U.S.
Lee was previously senior underwriter in Chubb’s Political & Trade Credit division and before that was a divisional risk manager at FCIA.
Source: Aspen Insurance, Zurich, Markel Corp.