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Allied World Sells Majority Stake in High-Net Worth Insurer Vault

Nov 18 2020 // Fairfax Financial Holdings and its subsidiary Allied World Assurance Co. have agreed to sell their majority interests in Florida-based high-net worth insurer Vault E&S Insurance Co. to private equity investor Cornell...

James River Names Former Allied World Executive D’Orazio as CEO, Succeeding Abram

Oct 29 2020 // James River Group Holdings Ltd. announced that Frank D’Orazio has been named chief executive officer of the company, effective Nov. 2, 2020. J. Adam Abram, the company’s founder and current CEO will retire on...

Sompo International Hires Allied World’s James to Run International Insurance Business

Jan 23 2020 // Sompo International Holdings Ltd., a Bermuda-based specialty property and casualty re/insurer, announced that Julian James will soon join the organization to lead the London market and international insurance...

Allied World CEO Carmilani Moves to New Role at Fairfax; Iglesias Named His Successor

Jul 18 2019 // Scott Carmilani, the founder and CEO of Allied World, has moved to a new role Fairfax Insurance Group, which aims to promote organic growth and collaboration initiatives across the company’s global insurance and...

Ex-AIG Execs Kick-Off New High Net Worth Insurer Vault in Florida

Mar 27 2018 // It was a no-brainer for former thought-leaders from AIG to set up shop for their new high net worth insurer in the Sunshine State, a state known for beautiful beaches, a growing economy and lots of wealthy individuals. A...

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