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Allied World makes Bermuda appointments

Allied World Assurance Company Holdings yesterday announced two senior appointments in its Bermuda operation.

Peter Cooper has been promoted to senior vice-president, chief international corporate actuary, subject to Bermuda Department of Immigration approval, while Mike Hoffmann will assume the role of chief underwriting officer for the Bermuda insurance platform.

Mr Cooper will continue to oversee and manage all elements of the corporate actuarial function relevant to reinsurance, Allied World’s Lloyd’s platform, Solvency II, ceded reinsurance, claims and international insurance, and continue to live in Bermuda.

In his expanded role, Mr Hoffmann will oversee all of the Bermuda platform’s underwriting policies and guidelines for its insurance lines of business. Mr. Hoffmann will remain resident in Bermuda and also continue to serve as the general casualty product line manager for Bermuda and International insurance.

The company also announced appointments in its European operations.

Conor Heery has been given the role of managing director for Allied World’s Irish insurance companies, Allied World Europe and Allied World Reinsurance.

David Newman will become chief underwriting officer for Allied World’s European and Asian insurance platforms, while Michael Walsh will assume the role of chief operating officer of Allied World Europe.

Frank D’Orazio, Allied World’s president for Bermuda and International Insurance, said: “We are fortunate to have the leadership and industry knowledge of Peter, Mike, Conor, David and Michael for our Bermuda and International insurance platforms. I wish them all the best for continued success in their new roles.”

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Published March 14, 2012 at 2:00 am (Updated March 14, 2012 at 9:17 am)

Allied World makes Bermuda appointments

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