Allied World Assurance Company Holdings, AG announced that Allied World has expanded its U.S. casualty operations with the launch of a new Construction Casualty division.
The Company reported that new lines of business being offered are: commercial general liability and commercial automobile as well as railroad protectives and owners & contractors protective. Product offerings for the new division include: contractor practice programs, owner controlled insurance programs, contractor controlled insurance programs and project specific programs.
Michael Conroy has been appointed VP, Construction to oversee the build-out of the new division. He will be based in Allied World'sNew York office and will report directly to Lou Iglesias, President, U.S. Property and Casualty.
Iglesias, said, "We are excited to expand our current product offerings in the U.S. with the launch of our new Construction Casualty division. This division will become a key element in our overall strategy of serving the broad needs of the construction industry. Mike's substantive construction industry knowledge and execution skills will be a tremendous asset to Allied World."
Conroy has over 17 years of experience in the insurance industry. Prior to joining Allied World, he was Vice President in the home office of Construction Risk Management at the American International Group (AIG). In this role, he was responsible for service and underwriting for all regional offices, as well as budgeting, forecasting and business development for the line of business.
Allied World Assurance Company Holdings, AG, through its subsidiaries, is a global provider of property, casualty and specialty insurance and reinsurance solutions.
((Comments on this story may be sent to firstname.lastname@example.org))