Allied World Europe Launches S.M.E. Professional Lines Division; Appoints Kevin Cleary

USA - English

• USA - English
• USA - English
• USA - English

PEMBROKE, Bermuda, Feb. 9 /PRNewswire/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Allied World Assurance Company (Europe) Limited (Allied World Europe) has launched a S.M.E. (small to medium sized enterprises) division that will focus on offering professional lines products to the London market and throughout the United Kingdom and the European Union. Kevin Cleary, who recently joined Allied World Europe as Vice President, will lead the division. Mr. Cleary will be responsible for building out the division and developing a comprehensive S.M.E. product suite.

John Redmond, President of Allied World Europe, commented, "We are very excited to launch this division as we recognize the growing opportunities in this particular market. Allied World Europe has been exploring S.M.E. Professional Lines for some time and I am confident that Kevin will succeed in growing a profitable book of business. He has a considerable amount of experience and expertise in this area."

Prior to joining Allied World Europe, Mr. Cleary was most recently UK Development Manager for DUAL Corporate Risks. He started with DUAL in 2005 as Regional Manager, overseeing sales and marketing in addition to setting up the regional platform. Mr. Cleary began his career at Chubb in Manchester as a Directors and Officers underwriter.

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 offices in Bermuda, Europe, Hong Kong, Singapore and the United States. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company. For further information on Allied World, please visit our website at www.awac.com.

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SOURCE Allied World Assurance Company Holdings, Ltd