Reinsurer builds up network, back systems to prepare for any eventuality

Published 12 April 2006

This reinsurer has offices in Bermuda, London, Boston, and Paris, and its back-up experiences should be of interest

Aspen Insurance Holdings Limited is a reinsurer — an insurers’ insurer — which has grown rapidly. Events such as the 9/11 attacks, the 7/7 London bombings, and Hurricane Katrina have upped activity across the insurance sector, that in 2004 Aspen had to find a new gear. After being spun off from a parent which used to do all the heavy tech lifting, it was told it had to stand on its own two feet — and fast.”

The company grew to 400, with headquarters in Bermuda, but with the largest office in London (the company also has offices in Boston and Paris). Andrew Turner, head of IT at Aspen for the past eighteen months, has experiences to which many heads of IT departments would relate.