Morrison Retiring At Bermuda's Allied World
NU Online News Service, July 27, 10:55 a.m. EDT?Bermuda-based Allied World Assurance Holdings Ltd. announced that Michael I. D. Morrison, their vice chairman and former chief executive officer, will retire Oct. 1.[@@]
Mr. Morrison, who was CEO when the company was founded three years ago, handed over that position to Scott Carmilani this January. He will remain as a director, Allied said.
Mr. Morrison noted that when he came to the company in Bermuda in 2001, "there were just three of us, with one other person in London. Since then, we've grown to almost two hundred, including our contracted support service personnel, in our various offices."
Besides its Hamilton, Bermuda company, Allied has two U.S. surplus lines companies with offices in Boston and New York. The firm also has subsidiary Irish insurance and reinsurance companies in Dublin.
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