Allied World Announces Jack Sennott to Speak at The MarketScout Entrepreneurial Insurance Symposium

PEMBROKE, Bermuda, Sept. 9 /PRNewswire/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Jack Sennott, its Chief Corporate Strategy Officer, will speak at the MarketScout Entrepreneurial Insurance Symposium. The event takes place in Dallas, Texas at the Cityplace Conference and Event Center on September 14 and 15, 2010. Mr. Sennott will speak on building sustainable value in an Entrepreneurial Insurance Enterprise.

As Executive Vice President and Chief Corporate Strategy Officer, Mr. Sennott is responsible for the company's corporate strategic initiatives, investor relations, rating agency relations and mergers and acquisition activity. Previously, Mr. Sennott was Chief Operating Officer for Allied World U.S. He joined Allied World following the acquisition of his previous company, Darwin Professional Underwriters where he was a member of the founding management team and a Director. At Darwin, Mr. Sennott was Executive Vice President and Chief Financial Officer. Prior to joining Darwin, he served as Principal and Founder of Beacon Advisors in Avon, Connecticut, a middle market mergers and acquisitions firm, and as Controller for Executive Risk.

Mr. Sennott is a graduate of The University of Massachusetts with a B.S. in Accounting and a Minor in History. He is a Certified Public Accountant, having begun his career at Coopers & Lybrand and holds the Associate in Reinsurance Designation from the CPCU Society.

About Allied World Assurance Company

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions, offering superior client service through a global network of branches and affiliates. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company, and our Lloyd's Syndicate 2232 is rated A+ (Strong) by Standard & Poor's and Fitch. Please visit our website at www.awac.com for further information on 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 impact of acts of terrorism and acts of war; greater frequency or severity of unpredictable catastrophic events; negative rating agency actions; the adequacy of our loss reserves; 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.

SOURCE Allied World Assurance Company Holdings, Ltd