Filed Under:Markets, Reinsurance

Allied World Consolidates Management

NU Online News Service, March 30, 10:27 a.m. EDT

Zug, Switzerland-based insurer Allied World Assurance Co. Holdings, AG says it is centralizing its global reinsurance operations with the announcement of three management realignments.

In a statement, the company says it named Thomas Kelly chief operating officer for Allied World Reinsurance Company. He will assume responsibility for all U.S. reinsurance operations and administration.  He maintains his current responsibilities as chief underwriting officer for Allied World’s U.S. reinsurance operations.

The company also named Kevin Marine executive vice president, international and global specialty. Marine will continue to manage the marine, aviation and crop businesses globally as well as directly oversee Allied World's reinsurance teams in Asia and Europe.

Thomas McKevitt remains executive vice president, Bermuda Reinsurance and will assume the additional responsibility of global property catastrophe manager. He will be responsible for the development and execution of the property and property-catastrophe reinsurance strategies globally. McKevitt will continue to oversee the Bermuda reinsurance operations. 

The global reinsurance platform is led by John Bender, president and chief operating officer of Allied World Reinsurance Co.

In a statement, Bender says, “These strategic changes will help our clients better manage their global risk exposures.  I am extremely confident in the abilities of Kevin, Tom and Tom.  Their years of experience and industry knowledge will be a tremendous asset to the team as we continue to build out our global reinsurance platform.”

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