Allied World Continues Global Expansion; Opens Branch Office in Canada

Allied World Assurance Company Holdings, AG announced today the opening of a branch office in Toronto, Ontario to further expand its North American insurance operations. Gord Kerr has been appointed Senior Vice President, Chief Agent & Branch Manager for the region.

President and Chief Executive Officer Scott Carmilani commented, “Opening an office in Canada has been a strategic objective of Allied World for some time. With 12 branch offices working towards full capacity throughout North America, we have greater proximity to all of our customers and trading partners and we are well positioned for further expansion.”

Mr. Kerr will be responsible for the production and profitability of the region as well as managing distribution channels, broker and regulatory relationships. He has over 30 years of experience in the insurance industry, specifically in Canada. Prior to joining Allied World, Mr. Kerr spent four years as the CEO and Chief Agent for Arch Insurance Company’s Canadian operations. Before joining Arch, he spent 28 years with AIG in Canada, holding various management positions, including Chief Operating Officer for AIG in Canada.

Lou Iglesias, President, Allied World North America commented, “Gord is a great addition to Allied World’s North American team. His breadth of experience in the market and his extensive contacts will be a great asset as we work together to build a world-class specialty offering for the region.”

For more information on Allied World's Canadian branch office, please contact Gord Kerr directly at gordon.kerr@awac.com.

About Allied World

Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and Fitch.

Please visit the following for further information on Allied World: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: http://www.linkedin.com/company/Allied-World.

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