James Appointed President of AWAC Europe

February 5, 2013

Bermuda-based Allied World Assurance Company Holdings, AG has named Julian James President of Allied World’s European platform effective March 4, 2013, pending certain regulatory approvals.

In his new role, Mr. James will be responsible for the strategic direction and underwriting performance of Allied World’s European insurance platform, and will work closely with executive management and the company’s boards of directors to execute the platform’s operating plans and initiatives. Mr. James will be based in Allied World’s London office.

Frank D’Orazio, Allied World’s President of Bermuda & International Insurance, stated, “Our European platform continues to serve as an important growth area for Allied World.

“Over the last few years, we’ve launched several new products and divisions as well as our Syndicate 2232, and we are extremely pleased to announce that Julian has joined our management team to further enhance these efforts. His extensive background in building and managing successful international businesses will greatly complement our current strategy to further advance our European operations.”

Mr. James continued, “I am very excited to have the opportunity to be part of Allied World’s continuing global expansion and to join such a strong management and underwriting team. Allied World’s European platform is recognized as a leader in the excess market, and I look forward to helping them further diversify and develop their business.”

Mr. James has over 30 years of industry experience. He most recently served as Chief Executive Officer of Lockton International since April 2008, primarily responsible for developing its global operations. Prior to that, Mr. James held a succession of management positions at Lloyd’s globally since 1997 as well as chaired and served on several Lloyd’s boards. He started his career at Sedgwick Group in 1981, and obtained his Master’s in Business Administration from Cranfield University. Mr. James is the Immediate Past President of The Chartered Insurance Institute.

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