OREANDA-NEWS. July 22, 2015. Allied World Assurance Company Holdings, AG (NYSE:AWH) announced today that Michael Garrison has been appointed Senior Vice President of Asia-Pacific for Allied World Global Markets. Mr. Garrison will report to Julian James, President of Allied World Global Markets, and will relocate to Singapore in December. In this role, Mr. Garrison will be responsible for the strategic leadership of the Global Markets insurance operations in Asia-Pacific. He will oversee the implementation of the region's strategic plan and be responsible for the oversight of the company's direct insurance offices in Hong Kong, Singapore, Malaysia, and Australia.

Mr. James commented, “We are extremely pleased to have someone of Mike’s calibre joining us to continue growing our Asia-Pacific footprint. Mike’s global experience and strong track record of growing a strategic business will be invaluable as we fully realize the strength of our platform following the acquisition of the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc.”

Mr. William Cotter, current Executive Vice President of Asia-Pacific, will return to the U.S. to manage the North American Business Development team in Allied World North America. He will relocate to Boston at the end of the year.

Mr. James commented, “We’re extremely grateful for Bill’s leadership in Asia over the past 7 years. He has been instrumental to the success that we’ve had in the region since opening our office in Hong Kong in 2008 and we look forward to the contributions he’ll make to our North America business.”

Mr. Garrison joins us with over 20 years of international experience in the insurance industry in Hong Kong, New York, London, Bermuda and Paris. Prior to joining Allied World, Mr. Garrison was most recently Senior Vice President and Chief Underwriting Officer at Starr Companies where he created and developed first-party underwriting platforms for International Onshore Energy, Global Construction, Global Exploration & Production and International General Property. He also managed strategic planning and development and coordinated local compliance, operations and systems for Starr’s new country start-ups and managed all lines of underwriting authority and aggregates for Starr’s Bermuda company, its subsidiaries and branches.

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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