Endurance Welcomes Fred Cooper to Head U.S. Financial Institutions Insurance Practice
(Thomson Reuters ONE) -
PEMBROKE, Bermuda - August 12, 2013 - Endurance Specialty Holdings Ltd.
(NYSE:ENH), a Bermuda-based specialty provider of property and casualty
insurance and reinsurance, today announced that Fred Cooper has joined the
company as Executive Vice President and Head of U.S. Financial Institutions
Insurance, based in New York. Mr. Cooper will be responsible for growing this
specialty insurance business offering management liability coverage to financial
institutions including hedge funds, private equity firms, banks and insurance
companies. The addition of this new business to Endurance's U.S. Professional
Lines Insurance area complements the company's existing Commercial Management
Liability and EndurancePro units. Mr. Cooper brings to Endurance over twenty
years' experience underwriting management liability and financial institution
insurance solutions.
Jack Kuhn, Chief Executive Officer of Global Insurance, commented, "Fred's
demonstrated ability to develop and implement successful solutions in this
specialty space will be an important component as we expand our insurance
capabilities in the U.S. I am confident that under his leadership, we will
deliver new product offerings and strengthen relationships with our retail and
wholesale networks in this market."
Mr. Cooper joins Endurance from Aspen Specialty, where he was Executive Vice
President and Chief D&O Underwriter, responsible for forming and leading a new
business unit offering a suite of management liability products for commercial
risks and financial institutions. Before joining Aspen, he was with Axis
Insurance, most recently as Executive Vice President for the Financial Insurance
Solutions segment where he led the commercial D&O business within Axis
Professional Lines. Prior to that, Mr. Cooper was Senior Vice President,
Underwriting Officer and Product Manager for Axis's Middle
Market/Technology/Private Equity unit. He has also held underwriting roles at
Liberty International Underwriters, Aon Financial Services and AIG. Mr. Cooper
holds a Bachelor of Arts degree in Business Economics from Brown University in
Providence, Rhode Island.
About Endurance Specialty Holdings
Endurance Specialty Holdings Ltd. is a global specialty provider of property and
casualty insurance and reinsurance. Through its operating subsidiaries,
Endurance writes property, agriculture, professional lines, and casualty and
other specialty lines of insurance and property, catastrophe, casualty, and
other specialty lines of reinsurance. We maintain excellent financial strength
as evidenced by the ratings of A (Excellent) from A.M. Best (XV size category)
and A (Strong) from Standard and Poor's on our principal operating
subsidiaries. Endurance's headquarters are located at Wellesley House, 90 Pitts
Bay Road, Pembroke HM 08, Bermuda and its mailing address is Endurance Specialty
Holdings Ltd., Suite No. 784, No. 48 Par-la-Ville Road, Hamilton HM 11,
Bermuda. For more information about Endurance, please visit www.endurance.bm.
Contact
Investor Relations
Phone: +1 441 278 0988
Email: investorrelations(at)endurance.bm
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Source: Endurance Specialty Holdings Ltd via Thomson Reuters ONE
[HUG#1722541]
Unternehmensinformation / Kurzprofil:
Datum: 12.08.2013 - 22:15 Uhr
Sprache: Deutsch
News-ID 286962
Anzahl Zeichen: 4080
contact information:
Town:
Pembroke
Kategorie:
Business News
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