Allied World Assurance Company Holdings, AG announced that its shareholders have elected Patricia L. Guinn and Fiona E. Luck to the company’s Board of Directors at a special shareholder meeting to serve until the company’s annual shareholder meeting to be held in April 2016.
Allied World’s President and CEO Scott Carmilani said the two new board members were “terrific additions to our Board of Directors. Their extensive experience in the insurance and reinsurance industry will be a tremendous asset to Allied World. I look forward to working with both of them.”
Guinn retired from Towers Watson in June 2015 where she served as Managing Director of its Risk and Financial Services segment and a member of its Management Committee since 2010. She also held a variety of leadership roles at Towers Perrin, one of Towers Watson’s predecessor companies, which she joined in 1976. She has consulted on risk management, mergers and acquisitions for more than 30 years.
She is an acknowledged expert in financial analysis and performance measurement for insurance companies. Guinn previously served on the board of directors of Towers Perrin from 2001 to 2005 and again from 2008 to 2010. She is also currently a director of the International Insurance Society, a Fellow of the Society of Actuaries, a member of the American Academy of Actuaries and a Chartered Enterprise Risk Analyst.
Luck served as Executive VP and Chief of Staff at XL Group plc from June 2006 until June 2009 and as special advisor to the CEO until January 2010. From 1999 to 2006, she served in various roles at XL, including as Executive VP of Group Operations and Interim Chief Financial Officer.
From 1997 to 1999, she served as Senior VP of Financial Lines and later as Executive VP of Joint Ventures and Strategic Alliances at ACE Bermuda Insurance Ltd. From 1983 to 1997, she served in various roles at Marsh and McLennan, Inc., including as Managing Director and Head of the Global Broking operations in Bermuda.
She is currently a member of the board of directors of the Bermuda Monetary Authority where she serves on its Audit & Risk Management Committee, Human Capital Committee and Non-Executive Directors Committee; and Gen Life Ltd and Gen Two Ltd.
She previously served on the board of directors of Caitlin Group Ltd from August 2012 until its merger with XL in May 2015 where she was Chair of the Compensation Committee and a member of the Audit, Investment and Nomination Committees. She also served on the board of directors of Kenbelle Capital LP from 2012 to 2015, Hardy Underwriting Bermuda Ltd. from 2010 to 2012 and Primus Guaranty Ltd. from 2007 to 2009.
Luck also serves on the board of trustees of the David Shepherd Wildlife Foundation and the board of directors of Knowledge Quest. She is a member of the Institute of Chartered Accountants of Scotland.
Source: Allied World Assurance
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