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PEMBROKE, Bermuda, Nov 21, 2012 - (ACN Newswire) - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that it has hired Lynn Parks-Carter as Senior Vice President to head its Western Region Excess Casualty insurance unit, based in Los Angeles. The business unit offers third party liability coverage for mid-size to large accounts through retail and wholesale brokers. Ms. Parks-Carter has managed commercial lines insurance with both carriers and brokers for the last thirty years.
Endurance's Los Angeles based team services accounts in the western United States while its New York based Excess Casualty insurance unit, under the leadership of Doreen Miller, Senior Vice President, Eastern Region, underwrites accounts in the eastern U.S.
Michael Warwicker, Executive Vice President, Head of Insurance Operations, Endurance Risk Solutions (Bermuda), noted, "Lynn is a respected professional in the excess casualty market where she has demonstrated expertise servicing the needs of complex accounts. Her long-standing relationships with clients and brokers coupled with her depth of knowledge in underwriting and insurance operations will serve Endurance well as we seek to expand our presence in this region."
Ms. Parks-Carter joins Endurance from Starr Indemnity and Liability Company where, as Vice President, U.S. Casualty Manager, Excess Casualty and Transportation, she was a key member of the team that launched their "National Accounts" Excess Casualty insurance unit in 2009. Prior to that, Ms. Parks-Carter was with AIG Cat Excess, as Senior Vice President/U.S. Casualty Manager, responsible for their U.S. Excess Casualty portfolio.
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, aerospace and marine, 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: (441) 278-0988
Email: investorrelations@endurance.bm
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Endurance Specialty Holdings Ltd via Thomson Reuters ONE
Topic: Press release summary
Source: Endurance Specialty Holdings Ltd.
http://www.acnnewswire.com
From the Asia Corporate News Network
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