Allied World’s Todd Sutherland to Participate on Panel at Midwest Chapter of PLUS
PEMBROKE,
Company Holdings, Ltd (NYSE: AWH) announced today that
Vice President of Professional Lines and Branch Manager for Allied World’s
Barriers to Coverage” at the Midwest Chapter of the Professional Liability
Underwriting Society (PLUS). The panel will take place on
Mr. Sutherland will focus on underwriting bankruptcy risk, specifically
the red flags and precursors to bankruptcy, pricing and premiums, run-off
coverage, renewals, coverage for companies that emerge from bankruptcy and
endorsements and exclusions. Other panel participants will include a
bankruptcy attorney, a policyholder counsel and an insurance claims/coverage
counsel.
PLUS was founded in 1986 by industry professionals as a forum for
individuals in the field of professional liability. The Society is a
non-profit organization with membership open to those interested in the
advancement of the industry.
Mr. Sutherland has over 16 years of industry experience and joined Allied
World in 2006. He focuses primarily on management and liability lines of
business and is responsible for underwriting and managing Allied World’s D&O
Liability practice in the Midwest. Additionally, Mr. Sutherland oversees all
of the company’s Midwest operations as
is a graduate of
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
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.
Cautionary Statement Regarding Forward-Looking Statements
Any forward-looking statements made in this press release reflect our
current views with respect to future events and financial performance and are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such statements involve risks and
uncertainties, which may cause actual results to differ materially from those
set forth in these statements. For example, our forward-looking statements
could be affected by the ability to recognize the benefits of the Darwin
Professional Underwriters, Inc. acquisition; pricing and policy term trends;
increased competition; the impact of acts of terrorism and acts of war;
greater frequency or severity of unpredictable catastrophic events;
investigations of market practices and related settlement terms; negative
rating agency actions; the adequacy of our loss reserves; the company or its
subsidiaries becoming subject to significant income taxes in
or elsewhere; changes in regulations or tax laws; changes in the availability,
cost or quality of reinsurance or retrocessional coverage; adverse general
economic conditions including those related to the ongoing financial crisis;
and judicial, legislative, political and other governmental developments, as
well as management’s response to these factors, and other factors identified
in our filings with the U.S. Securities and Exchange Commission. You are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date on which they are made. We are under no
obligation (and expressly disclaim any such obligation) to update or revise
any forward-looking statement that may be made from time to time, whether as a
result of new information, future developments or otherwise.
SOURCE Allied World Assurance Company Holdings, Ltd