Bermudian-based Aspen Insurance Holdings Ltd has promoted Sacha Karlsson, ACII, to the head of Credit and Political Risk.

The company said Ms Karlsson, joined Aspen in 2018 and has more than 14 years of dedicated underwriting experience, most recently as head of Credit and Structured Risks.

Previously, she was a senior broker at Willis Towers Watson and served at Liberty Specialty Markets as an underwriter for global financial risks.

Based in London, Ms Karlsson will lead the company’s Credit and Political Risk underwriting team, overseeing both its underwriting strategy and risk management capabilities.

Erik Armellino, executive vice-president, portfolio director, Specialty Insurance, said: “Sacha’s promotion is yet another example of the proven talent we have at Aspen, further highlighting her expertise in credit and political risk insurance products and experience in providing clients the best protection for their needs.

“We look forward to the insights and depth of knowledge that Sacha will bring to our CPR team in her new role.”