Allied World Promotes Kim Delaney to Healthcare Management Liability Practice Lead for North America

ZUG, Switzerland--()--Allied World Assurance Company Holdings, AG (NYSE:AWH) announced today that Kim Delaney has been appointed Senior Vice President, Healthcare Management Liability Practice Lead for Allied World North America. Ms. Delaney is based in Allied World’s Farmington, Connecticut office and will report directly to Christian Gravier, President, Allied World North American Professional Lines Division. In her new role, Ms. Delaney will oversee all components of the Healthcare Management Liability business, including product strategy, distribution, relationship management and management of talent and resources.

Mr. Lou Iglesias, President of Allied World North America, commented, “We are excited to have Kim step up to lead our Healthcare Management Liability Practice. Given her depth of experience in the industry and specifically at our organization, she’s well positioned to seamlessly transition to her new role and create immediate momentum.” Mr. Iglesias continued, “Her proven ability to innovate along with her expertise in this product line will be a huge asset to our group going forward.”

Prior to this promotion, Ms. Delaney was Senior Vice President in Allied World Healthcare responsible for product development and best practices associated with the Healthcare Management Liability lines. In this role, she worked with the Healthcare Zonal Leads, Zonal Product Managers and underwriters located throughout the country to monitor and manage the Healthcare Management Liability product lines which include Directors & Officers, Employment Practices Liability, Fiduciary, Crime, Kidnap & Ransom, Employed Lawyers, Managed Care E&O, 365Complete and Benefit Plan Purchaser. Ms. Delaney has over 15 years of healthcare underwriting experience and has served as lead underwriter at other leading global carriers.

About Allied World

Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch.

Please visit the following for further information on Allied World: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: http://www.linkedin.com/company/Allied-World.

Cautionary Statement Regarding Forward-Looking Statements

Any forward-looking statements made in this press release reflect our current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially from those set forth in these statements. For example, our forward-looking statements could be affected by pricing and policy term trends; increased competition; the adequacy of our loss reserves; negative rating agency actions; greater frequency or severity of unpredictable catastrophic events; the impact of acts of terrorism and acts of war; the company or its subsidiaries becoming subject to significant income taxes in the United States or elsewhere; changes in regulations or tax laws; changes in the availability, cost or quality of reinsurance or retrocessional coverage; adverse general economic conditions; and judicial, legislative, political and other governmental developments, as well as management's response to these factors, and other factors identified in our filings with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We are under no obligation (and expressly disclaim any such obligation) to update or revise any forward-looking statement that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contacts

Allied World
Media:
Lauren Post, +1-646-794-0544
Vice President, Global Public & Media Relations
Lauren.Post@awacservices.com
or
Faye Cook, +1-441-278-5406
Senior Vice President, Marketing & Communications
Faye.Cook@awac.com
or
Investors:
Sarah Doran, +1-646-794-0590
Senior Vice President, Investor Relations and Treasurer
Sarah.Doran@awac.com
Website: www.awac.com

Contacts

Allied World
Media:
Lauren Post, +1-646-794-0544
Vice President, Global Public & Media Relations
Lauren.Post@awacservices.com
or
Faye Cook, +1-441-278-5406
Senior Vice President, Marketing & Communications
Faye.Cook@awac.com
or
Investors:
Sarah Doran, +1-646-794-0590
Senior Vice President, Investor Relations and Treasurer
Sarah.Doran@awac.com
Website: www.awac.com