ZUG, Switzerland, June 26, 2012 /PRNewswire/ -- Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today that Richard Nathan has joined Allied World Europe as Vice President, European Corporate Property Manager. In this position, Mr. Nathan will oversee the build-out of Allied World Europe's corporate property business in the United Kingdom and continental Europe. This new business line will target a broad range of companies and will provide tailored solutions to meet the needs of individual clients, utilizing engineering services to assist with risk management. Mr. Nathan will report directly to Andy Brooks, Vice President for International Property.
Mr. Brooks commented, "We are excited that Richard has joined Allied World Europe's growing team and we look forward to the official launch of our corporate property line of business. Allied World has underwritten property in the United Kingdom since 2002 and our new corporate property line will build on our existing European Property platform, providing exceptional risk management and claims handling services to clients along with the distinctive coverage they need to meet their ever evolving risks."
Mr. Nathan has over 20 years of experience in the insurance industry underwriting a diverse range of property risks and cross-class multi-national programs. His experience includes underwriting, management and business development at Mitsui Sumitomo and Chubb Insurance Company. He is a Chartered Insurer and an active member of the Insurance Institute of London.
About Allied World Assurance Company
Allied World Assurance Company Holdings, AG, 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 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 Fitch. Please visit www.awac.com for further information on Allied World.
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SOURCE Allied World Assurance Company Holdings, AG