ZUG, Switzerland--(BUSINESS WIRE)--Allied World Assurance Company Holdings, AG (NYSE:AWH) today announced Neil Lightbown will be appointed as Chief Underwriting Officer of Allied World’s Global Markets segment, which will include Asia, Europe, and Latin America, following the company’s realignment of its two insurance business segments effective December 31, 2014. Mr. Lightbown joins Allied World from RSA Insurance Group plc (“RSA”) in London where he served most recently as Group Global Specialty Lines Director.
In his new role, Mr. Lightbown will oversee underwriting governance for all lines of business within the Global Markets segment and assist in developing strategic initiatives and product capabilities for the segment. He will be based in Allied World’s London office and will report to Julian James, who will serve as President, Global Markets, and to Michael Hoffmann, who will serve as worldwide Chief Underwriting Officer for Allied World’s insurance operations, both effective December 31, 2014.
Julian James commented, "Our growing international footprint combined with our recently announced RSA transaction reflect our commitment in key markets throughout Europe, Latin America and the Asia Pacific region as vital to our future success." Our focus has been – and remains – clear: to grow our product suite, invest in distribution relationships and recruit and retain the most knowledgeable and experienced underwriting talent in the market. We are delighted that Neil is joining our team to help us to take the business forward to the next stage of its development.”
Michael Hoffmann said, “We look forward to Neil joining Allied World. He has over 30 years’ experience in the international insurance markets and will add value to our already strong underwriting teams as well as to our growing regional leadership and worldwide risk team.”
Mr. Lightbown was formerly Group Global Specialty Lines Director of RSA since April 2013. He joined RSA in 2009 as UK Underwriting and Strategic Claims Director, having previously worked at Zurich Financial Services as Chief Underwriting Officer for International Businesses. He has over 30 years of experience in the industry.
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.
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