Allied World CFO and chief actuary depart post Fairfax merger
Thomas Bradley, the chief financial officer (CFO) of Allied World Assurance Company Holdings, has left the company following its $4.9 billion acquisition by Canadian P&C re/insurer Fairfax Financial Holdings.
According to a United States Securities and Exchange Commission filing on Aug 4, Allied World's CFO Bradley and chief actuary Marshall Grossack, have departed from their positions, effective July 31.
The filing stated that the departure of Bradley and Grossack "will be treated as a termination without cause under each person’s employment agreement."
Bradley joined Allied World in September 2012 as executive vice president and chief financial officer.
Before joining Allied World, Bradley was executive vice president and chief financial officer at Fair Isaac Corporation, a developer of predictive analytic software.
Prior to that, he spent 29 years in the insurance industry holding senior financial and operational positions at Zurich Insurance Group, and USF&G/St Paul Companies.
Fairfax has recently completed the acquisition of Switzerland-based Allied World. The definitive merger agreement was first announced on December 2016.
Sign up to our free daily email newsletters
Today’s stories
India's GIC Re files for potential $1bn IPO
Former Sompo CEO joins UK insurtech REG
Insurance Europe warns over protectionism in Indonesia, Turkey, Argentina
Berkshire Hathaway posts underwriting loss as AIG deal weighs on results
CEO of Towergate owner Ardonagh mulls over IPO
Travelers completes $490m M&A deal with UK insurtech Simply Business
Lloyd's syndicate Blenheim enters specialty reinsurance with Talbot hire
Markel hires political risk underwriter from Sompo Canopius
US Mutual Reinsurance Bureau CEO to retire; successor search begins
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze