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.”

Comments

Resource Center

View All »

Is It Time To Step Up And Own An Agency?

Download this eBook for insight on how to determine if owning an agency is right...

Claims - The Good The Bad And The Ugly

Fraudulent claims cost the industry and the public thousands of dollars in losses. This article...

Leveraging BI for Improved Claims Performance and Results

If claims organizations do not avail themselves of the latest business intelligence (BI) tools, they...

Top 10 Legal Requirements for E-Signatures in Insurance

Want to make sure you’ve covered all your bases when adopting e-signatures? Learn how to...

Get $100 in leads with $0 down!

NetQuote's detailed, real-time leads have boosted sales for thousands of successful local agents across the...

The Growing Role of Excess & Surplus Lines in Today’s...

The excess and surplus market (E&S) provides coverage when standard insurance carriers cannot or will...

Increase Sales Conversion with this Complimentary White Paper

This whitepaper will share proven techniques - used by many of the industry's top producers...

D&O Policy Definitions: Don't Overlook These Critical Terms

Unlike other forms of insurance where standard policy language prevails, with D&O policies, even seemingly...

Environmental Risk: Lessons Learned from Willy Wonka and the Chocolate...

Whether it’s a chocolate factory or an industrial wastewater treatment facility, cleanup and impacts to...

More Data, Earlier: The Value of Incorporating Data and Analytics...

Incorporating more data earlier in claims lifecycles can help you reduce severity payments by 25%*...

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Advertisement. Closing in 15 seconds.