Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Robert Needle will join Endurance Specialty Insurance Ltd. as Executive Vice President Excess Casualty and Professional Lines, subject to approval by the Bermuda Department of Immigration.
Michael Fujii, CEO Global Insurance commented that "Bob is a seasoned insurance executive. His depth of knowledge across the insurance industry and his understanding of broker and client needs and relationships will be significant to us in the growth of our Excess Casualty and Professional Lines. We are extremely pleased to have Bob join the Endurance team and we know he will make a significant contribution to our Bermuda business platform."
After beginning his career in the legal field focusing on insurance matters, Mr. Needle joined Alexander & Alexander and Aon where he served in various senior executive capacities over a 27 year period. Most recently Mr. Needle served as an attorney with Gibbons P.C., as Counsel in the Insurance Practice Group. Mr. Needle holds a B.B.A. and M.B.A. in Insurance and Risk Management from Temple University and also obtained his J.D. from Temple School of Law. He is a member of the Pennsylvania Bar and his professional activities include the Section of Tort Trial and Insurance Practice of the ABA and the Defense Research Institute.
About Endurance Specialty Holdings
Endurance Specialty Holdings Ltd. is a global specialty provider of property and casualty insurance and reinsurance. Through its operating subsidiaries, Endurance writes property, casualty, healthcare liability, agriculture, workers' compensation, professional lines of insurance and property, catastrophe, casualty, agriculture, marine, aerospace, and surety and other specialty lines of reinsurance. We maintain excellent financial strength as evidenced by the ratings of A (Excellent) from A.M. Best (XV size category) and A (Strong) from Standard and Poor's on our principal operating subsidiaries. Endurance's headquarters are located at Wellesley House, 90 Pitts Bay Road, Pembroke HM 08, Bermuda and its mailing address is Endurance Specialty Holdings Ltd., Suite No. 784, No. 48 Par-la-Ville Road, Hamilton HM 11, Bermuda. For more information about Endurance, please visit http://www.endurance.bm.
