Endurance Welcomes Michael Warwicker as Head of Endurance Risk Solutions Bermuda; Judy Hart Appointed to New Role of Vice Chairperson of Healthcare Insurance
(Thomson Reuters ONE) -
PEMBROKE, Bermuda - May 3, 2012 - Endurance Specialty Holdings Ltd. [NYSE:ENH],
a Bermuda-based specialty provider of property and casualty insurance and
reinsurance, today announced that Michael Warwicker will join Endurance as Head
of Insurance Operations, Endurance Risk Solutions (Bermuda). Endurance Risk
Solutions provides excess casualty, professional liability, and medical
professional liability coverage with a focus on Fortune 1000 companies and large
multi-hospital systems and university teaching hospitals. Mr. Warwicker has
more than thirty years experience in the industry, having served in senior
underwriting and business development roles with responsibilities across the
U.S. and in Bermuda and Europe, most recently developing and managing
catastrophe excess lines of business focused on global 1000 clients.
Judy Hart has been appointed to the role of Vice Chairperson of Healthcare
Insurance, subject to approval by the Bermuda Department of Immigration. In
this new role, Judy will be responsible for leading strategic initiatives to
expand and market Endurance's product offerings. She will also continue to
service key clients as an advisor to the healthcare underwriting team. Ms. Hart
joined Endurance in 2002 and built Endurance's Healthcare Liability Practice.
Ms. Hart has more than thirty years experience in the design and implementation
of risk management and risk financing programs for the healthcare industry and
was instrumental in the formation of the Bermuda Society for Healthcare Risk
Management, serving as the first President of that organization, as well as on
its Board of Directors.
Judy Hart commented, "It's gratifying to be able dedicate more time to a
discipline that I am passionate about, especially at a time when there are so
many new developments in the healthcare industry. I'm looking forward to
supporting Mike through the transition and beyond as Endurance continues to
develop new products and capabilities that best address the risk management
needs of our clients."
David Cash, Chief Executive Officer of Endurance Specialty Holdings, Ltd. added,
"Judy joined Endurance in our early days and has been a driving force in
developing not only our healthcare practice but our Bermuda and U.S. excess
liability insurance business. Given her depth of knowledge and expertise, we are
enthusiastic about her new role and pleased that she will continue to support
her Endurance colleagues and clients."
He also noted, "Michael comes to Endurance with an impressive track record as an
underwriter and builder of businesses. With his strong background in large risk
insurance and his experience working with global clients in London, Bermuda and
the US he is a great fit for Endurance and in particular Endurance Risk
Solutions. Michael's knowledge of the market, technical underwriting skills and
significant management and business development experience are a welcome
complement to those of our talented Bermuda team."
Mr. Warwicker will join Endurance from Iron-Starr Excess Agency Ltd. where he
served as Executive Vice President and Chief Operating Officer since April
2009, responsible for establishing a large account focused Excess Casualty and
Professional Lines insurance business. Prior to joining Iron-Starr, Mr.
Warwicker advanced through several roles at AIG Cat Excess Liability with
responsibility for European operations including the Dublin head office, as well
as London and Bermuda operations, and concluded his tenure at AIG as Executive
Vice President and Chief Underwriting Officer, Excess Casualty. He has also
served in management roles at QBE International Insurance Ltd. and Munich-
American Risk Partners (formerly Am-Re Managers, Inc.) and as Managing Director
of a London-based brokerage.
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, casualty, healthcare liability, agriculture,
professional lines and surety and other specialty lines of insurance and
property, catastrophe, casualty, agriculture, marine, aerospace, and surety 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#1608626]
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Datum: 03.05.2012 - 16:30 Uhr
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