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28 January 2019Insurance

Allied World reshuffles Bermuda leadership in growth strategy

Allied World Assurance Company Holdings has reshuffled the leadership of its Bermuda operations as part of its growth and expansion strategy on the island.

Mike McCrimmon, president of North America property and Bermuda branch manager, has been appointed vice chairman of Allied World.

In this new role, McCrimmon will provide senior oversight to the company’s global property book and continue as a key leader and advisor to the Bermuda management team.

Colm Singleton will succeed McCrimmon as head of Bermuda, assuming overall leadership for the Bermuda office, which includes profit and loss, operations, distribution strategy and staff.

Singleton will also continue his current duties as senior vice president, head of Bermuda and global markets claims group.

Henry Felix has been appointed senior vice president, head of North America property. Felix succeeds McCrimmon in this role and will assume overall responsibility for the company's property and inland marine product lines in Bermuda, Canada and the United States.

Finally, Faye Cook has been appointed to senior vice president, head of client engagement and global accounts. She will have worldwide oversight of the company’s client engagement and large accounts practice.

“I have great confidence in this team and in the future success of both our Bermuda office and global operations. Our Bermuda platform plays an important role in our global strategy, and we are committed to its continued growth,” said Lou Iglesias, CEO, global insurance. “Each of these executives is uniquely qualified for their new leadership role.”

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