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PEMBROKE, Bermuda, Apr 25, 2014 - (ACN Newswire) - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Clifford Easton will join the company tomorrow as Executive Vice President and Global Head of Energy Insurance responsible for launching a new specialty insurance line covering both onshore and offshore energy. Mr. Easton has more than 30 years experience in the marine and energy markets focused on multi-national oil, gas, electricity and chemical clients. He will be based in Endurance's London office, supported by two energy underwriters, Senior Vice President Tom Houston and Assistant Vice President, Alex Murray. Mr. Easton will report to Graham Evans, Chief Executive Officer, International Insurance.
Mr. Evans noted, "With Cliff's recognized expertise and extensive client and broker relationships in the global energy insurance arena, I am confident that Cliff and his team will quickly establish Endurance's presence in this market. The launch of this new business line for Endurance is an exciting milestone as we continue to build out our international specialty insurance operation."
Mr. Easton joins Endurance from Axis Capital where he was Executive Vice President and Onshore Energy Manager responsible for their global energy portfolio. Prior to that, he was a founding partner of Hiscox Syndicates and served as their Marine and Energy Division Head. He was also elected to serve on the London Market Rig and Associated Business Committee and has served on various industry working groups in the London insurance community. Mr. Easton started his career at the H.J. Brasier Marine Syndicate at Lloyd's in 1974.
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 agriculture, professional lines, property, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional liability 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@endurance.bm
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Endurance Specialty Holdings Ltd via Globenewswire
Topic: Executive appointment
Source: Endurance Specialty Holdings Ltd.
http://www.acnnewswire.com
From the Asia Corporate News Network
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