Allied World Assurance Company Holdings, AG announced that Neil Lightbown will be appointed as Chief Underwriting Officer of Allied World’s Global Markets segment, which will include Asia, Europe, and Latin America, following the company’s realignment of its two insurance business segments effective December 31, 2014.
He joins Allied World from RSA Insurance Group plc in London where he served most recently as Group Global Specialty Lines Director. “Lightbown will oversee underwriting governance for all lines of business within the Global Markets segment and assist in developing strategic initiatives and product capabilities for the segment,” said the announcement.
“He will be based in Allied World’s London office and will report to Julian James, who will serve as President, Global Markets, and to Michael Hoffmann, who will serve as worldwide Chief Underwriting Officer for Allied World’s insurance operations, both effective December 31, 2014.
James commented: “Our growing international footprint combined with our recently announced RSA transaction reflect our commitment in key markets throughout Europe, Latin America and the Asia Pacific region as vital to our future success.
“Our focus has been – and remains – clear: to grow our product suite, invest in distribution relationships and recruit and retain the most knowledgeable and experienced underwriting talent in the market. We are delighted that Neil is joining our team to help us to take the business forward to the next stage of its development.”
Hoffmann noted that Lightbown “has over 30 years’ experience in the international insurance markets and will add value to our already strong underwriting teams as well as to our growing regional leadership and worldwide risk team.”
Lightbown was formerly Group Global Specialty Lines Director of RSA since April 2013. He joined RSA in 2009 as UK Underwriting and Strategic Claims Director, having previously worked at Zurich Financial Services as Chief Underwriting Officer for International Businesses.
Source: Allied World
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