Allied World Announces Promotions

September 16, 2011

Allied World Assurance Company Holdings, AG announced today a number of promotions for staff in its Bermuda office.

Michelle Furqan has been promoted to Assistant Vice President, Corporate Paralegal.  Ms. Furqan joined Allied World in December 2006 as a Legal Administrator. She is responsible for providing corporate administrative support to the Legal & Compliance Department, including assisting in fulfilling allcorporate governance requirements, preparing statutory returns and filings, preparing insurance and reinsurance licensing applications, and convening board and other corporate meetings preparation.

Funmilola St. Clair has been promoted to Assistant Vice President, Management Reporting. Ms. St. Clair was hired in July 2006 as a Financial Analyst. She is responsible for the preparation of financial reporting and analysis of results. In March 2008, Ms. St. Clair was promoted to Senior Financial Analyst and then promoted to Finance Manager in March 2010.

Gareth Tavares has been promoted to Assistant Vice President, Planning & Projects. Mr. Tavares was hired in July 2007 as a Financial Analyst. He is responsible for the preparation of both internal and external financial reporting and the consolidation of annual budgets and forecasts as well as the financial analysis of results. Mr. Tavares was promoted to Senior Financial Analyst in March 2009 and subsequently in September 2010 to Finance Manager.

Benoît Derval has been promoted to Assistant Vice President, Corporate Actuarial pending approval by the Department of Immigration. Mr. Derval was hired in December 2009 as an Assistant Actuary. Mr. Derval assists the Vice President with loss reserve reviews as well as planning and forecasting.

Adrian (Kent) Smith has been promoted to Vice President, Operations & Strategic Development. Mr.Smith was hired in March 2002 as a Casualty Junior Underwriter. He received a promotion to Senior Underwriter in August 2004. In 2008, he transferred from the General Casualty to the IT department as Senior Underwriting IT Liaison. Most recently, he was promoted in March 2009 to AVP, Operations & Strategic Development.

Sandy Wu has been promoted to Vice President & Actuary pending approval by the Department of Immigration.  Ms. Wu was hired in 2009 as AVP & Actuary and is responsible for assisting with the development of Allied World’s Economic Capital Model.

Thomas Quinn has been promoted to Senior Vice President, Enterprise Data Warehouse & Web Technologies pending approval by the Department of Immigration.  Mr. Quinn was hired in September 2005 as a Data Reporting Manager. He was promoted to AVP, Web Tech & Data Reporting Manager in July 2007 and further promoted to VP, Enterprise Data Warehouse & Web Technologies in June 2008. Mr. Quinn is responsible for the company’s data warehouse, middleware and reporting functions.

Frank D’Orazio, President, Bermuda and International Insurance commented, “We are exceptionally proud to support the ongoing career development of our Bermuda‐based staff.  Bermuda continues to be the largest revenue‐generating branch for Allied World and retaining talent is one of our top priorities. I look forward to the continued success of Michelle, Funmilola, Gareth, Benoit, Adrian, Sandy and Tom.”

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Comments (2)

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  1. lissa says:

    Presumably these people are Bermudian or at least spouse of Bermudian. If not, who give a france?

    • InTheKnow says:

      for your information, only 3 of the above require clearance with the Minister of Immigration. all the others are local employees.