Allied World Assurance Company Holdings, AG announced that Michael Garrison has been appointed Senior Vice President of Asia-Pacific for Allied World Global Markets. He will report to Julian James, President of Allied World Global Markets, and will relocate to Singapore in December.
Garrison will be responsible for “the strategic leadership of the Global Markets insurance operations in Asia-Pacific. He will oversee the implementation of the region’s strategic plan and be responsible for the oversight of the company’s direct insurance offices in Hong Kong, Singapore, Malaysia, and Australia,” the announcement said.
In welcoming Garrison to Allied World James indicated that he would be “joining us to continue growing our Asia-Pacific footprint,” and that his “global experience and strong track record of growing a strategic business will be invaluable as we fully realize the strength of our platform following the acquisition of the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc.”
The bulletin also noted that “William Cotter, current Executive Vice President of Asia-Pacific, will return to the U.S. to manage the North American Business Development team in Allied World North America. He will relocate to Boston at the end of the year.
James expressed his gratitude for Cotter’s “leadership in Asia over the past 7 years;” stating that he “has been instrumental to the success that we’ve had in the region since opening our office in Hong Kong in 2008 and we look forward to the contributions he’ll make to our North America business.”
Garrison has over 20 years of international experience in the insurance industry in Hong Kong, New York, London, Bermuda and Paris. Prior to joining Allied World, he was most recently Senior Vice President and Chief Underwriting Officer at Starr Companies where he created and developed first-party underwriting platforms for International Onshore Energy, Global Construction, Global Exploration & Production and International General Property. He also managed strategic planning and development and coordinated local compliance, operations and systems for Starr’s new country start-ups and managed all lines of underwriting authority and aggregates for Starr’s Bermuda company, its subsidiaries and branches.
Source: Allied World Assurance Company Holdings, AG,
Was this article valuable?
Here are more articles you may enjoy.