Company Moves
David Bell seen as sound appointment
Allied World Assurance Company Ltd. (AWAC) has announced two appointments to their expanding Bermuda operations.
David A. Bell has been elected to the position of vice president, professional liability. He is responsible for designing and managing the underwriting strategy for coverage that protects the personal liability of corporate directors and officers, in addition to other professional and financial lines products.
Mr. Bell previously worked as the Florida manager of Chubb Executive Risk, a wholly owned subsidiary of The Chubb Group of Insurance Companies. In this role, he liaised with the principals of Fortune 1000 companies and evaluated the risk of securities litigation. In addition to his Executive Protection responsibilities, Mr. Bell also handled governmental relations for all Chubb divisions, acting as the company's legislative liaison to the Florida State Legislature.
Mr. Bell said: "Enron and other high visibility companies have increased both the visibility and demand for directors' and officers' liability coverage. Our division is charged with building business quickly and responsibly so that AWAC is a dominant Professional Lines market for many years to come."
Mr. Bell is a graduate of the University of Montana and holds a Bachelor's degree in Finance.
Thomas H. McKevitt has been elected to the position of vice president responsible for Property Treaty Reinsurance at Allied World Assurance Company, Ltd. Building on his experience in the per risk and quota share market, Mr. McKevitt's role at AWAC is to build a profitable property portfolio of per risk and pro rata treaties. He will report to Mr. William Davis, Senior Vice President, Reinsurance.
Mr. McKevitt previously worked for Odyssey America Re as vice president in the Property Treaty department. He has had nine years' experience in the insurance/reinsurance industry, including positions as Treaty Underwriter for Constitution Re, Property Facultative Underwriter for General Re and Senior Property Underwriter for Aetna Life and Casualty.
Mr. William Davis,senior vice president, reinsurance, commented: "We are delighted that Thomas has joined the AWAC team. His property treaty credentials will greatly contribute to the overall expertise of our underwriting team."
Mr. McKevitt is a graduate of the University of Rochester and holds a Bachelor degree in Economics and Political Science.