Business changes taking hold at Aspen Specialty and United America Indemnity can be traced to leadership changes made in 2007, but E&S veterans engineering the rebuilding efforts say solid foundations drew them to the opportunities.
“A year and a half ago, I seized the opportunity to join this organization largely due to the strength of the franchise,” said Larry Frakes, president and chief executive officer of United America Indemnity, Ltd.
United America is a Cayman Islands-based holding company with three independently operated but mutually complementary business divisions in the United States–Penn-America, United National and Diamond State–and a fourth business unit, Wind River, an offshore reinsurer based in Bermuda.
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