Aspen US Insurance has announced the formation of a new management liability team led by Fred Cooper, who will serve as executive vice-president and chief directors and officers (D&O) underwriter.

The team will offer D&O liability insurance, employment practices liability insurance, fiduciary liability insurance, and related lines. Mr. Cooper will report to Bill Murray, president of US insurance for Aspen, and will be based in New Jersey.

"We are excited when a talented group of people choose to be part of Aspen," said Mr. Murray. "With Fred's history and expertise in serving the management liability insurance marketplace, we believe that he and his dynamic new team will address the evolving needs of our customers and continue to expand the profitability of Aspen US Insurance."

Joining Mr. Cooper on the newly-formed US management liability team will be senior vice-presidents Dennis Krause, Ryan Becker and Ray Hannan.