Endurance Names Patschak New Head of Property Catastrophe Reinsurance Business

Bermuda-based Endurance Specialty Holdings Ltd. announced that Susan J. Patschak has joined Endurance Specialty Insurance, Ltd. as the head of its Property Catastrophe Reinsurance business unit.

She joins Endurance with twenty-one years of professional experience, most recently serving as the Chief Actuary of the ACE Group of Companies in Bermuda.

Chairman and CEO Kenneth J. LeStrange commented: “Susan is an executive with exceptional technical and leadership skills. Under her direction, Endurance will continue to develop and grow our industry leading position in Property Catastrophe Reinsurance.”

Patschak graduated from the University of Maryland, and joined the Wyatt Company in Washington D.C. as an Actuarial Assistant. Shortly thereafter, she joined Tillinghast – Towers Perrin where she held numerous management positions, including Property/Casualty Sector Leader for North America and Managing Director of Latin America and Asia/Pacific. She served as the liaison between Tillinghast and Towers Perrin Reinsurance, promoting joint marketing of services for these two divisions of Towers Perrin. She also served as the Location Manager for the Atlanta, Philadelphia, and Bermuda offices. In 2002 Patschak joined ACE as Global Chief Actuary where she was responsible for coordinating and consolidating all actuarial functions of the group.”