Life Insurance

Aspen taps new chief actuarial officer

Aspen Insurance Holdings Limited has announced the appointment of William Miller as its new group chief actuarial officer, effective July 01, subject to immigration approval.

Miller has more than 35 years of industry experience. He joins Aspen from KPMG in Bermuda, where he serves as managing director for actuarial. Prior to joining KPMG in 2014, Miller spent 12 years at Chubb legacy ACE, including as chief actuary for the company’s risk management and foreign casualty divisions. Miller has also held roles at Travelers, NCCI, Reliance National and Willis Towers Watson.

Miller’s appointment marks the rebuilding of Aspen’s actuarial function as part of the company’s operational, strategic and cultural transformation. He will report to Mark Cloutier, executive chairman and group CEO. Miller will be based in Aspen’s Bermuda office and will succeed Andrew Kudera, current executive vice president and group chief actuary, who is leaving the company.

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“It is tremendously exciting to join the Aspen team at this stage in its journey,” Miller said. “I am looking forward to working collaboratively with my new colleagues and harnessing our combined expertise to support the wider business.”

“I’m delighted to welcome Bill to Aspen,” Cloutier said. “With three decades of actuarial and non-life experience, he is the right person to support our evolving actuarial function at a time when risk management and pricing accuracy forms a key focus for Aspen to become a top-quartile specialty reinsurer. I would like to thank Andy for the contribution he has made to Aspen and would like to wish him well with his new endeavors.”

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