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PR Newswire
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Allied World Announces New Business Development Team Members in the U.S.

PEMBROKE, Bermuda, June 18 /PRNewswire-FirstCall/ -- Allied World National Assurance Company, a member company of Allied World Assurance Company Holdings, Ltd , announced today that Nicole Ferris and Dominick Bruno have joined the Business Development team and will be reporting to Reza Khan, Vice President, Business Development.

Gordon Knight, President of Allied World U.S., commented, "We are very pleased to welcome Nicole and Dominick to our Business Development team. I am confident that they will both be great assets to the company as we continue to develop new and innovative products for our clients."

Ms. Ferris joined the company on June 15 as Assistant Vice President of Business Management in the Atlanta office. She will be responsible for developing, implementing and managing Allied World's Southeast Business Development strategic plans across all lines of business in the organization. Prior to this position, Ms. Ferris was a Business Development Manager at AIU Holdings, Inc. overseeing regional broker operations, executing broker and account strategies, directing the Regional Transportation Product Integration team, and coordinating internal and external sales meetings to develop productive relationships in Atlanta.

Mr. Bruno joined Allied World on May 26 as an Assistant Vice President, Business Development in the Chicago office. He will be responsible for developing, implementing, and managing Allied World's Midwest Business Development strategic plans across all lines of business in the organization. Prior to this role, Mr. Bruno was a Business Development Director at AIU Holdings, Inc. managing a variety of Midwest broker relationships in the Chicago area.

About Allied World Assurance Company

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions, offering superior client service through offices in Bermuda, the United States, Europe and Hong Kong. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company. For further information on Allied World, please visit our website at http://www.awac.com/.

Cautionary Statement Regarding Forward-Looking Statements

Any forward-looking statements made in this press release reflect our current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially from those set forth in these statements. For example, our forward-looking statements could be affected by the ability to recognize the benefits of the Darwin Professional Underwriters, Inc. acquisition; pricing and policy term trends; increased competition; the impact of acts of terrorism and acts of war; greater frequency or severity of unpredictable catastrophic events; investigations of market practices and related settlement terms; negative rating agency actions; the adequacy of our loss reserves; the company or its subsidiaries becoming subject to significant income taxes in the United States or elsewhere; changes in regulations or tax laws; changes in the availability, cost or quality of reinsurance or retrocessional coverage; adverse general economic conditions including those related to the ongoing financial crisis; and judicial, legislative, political and other governmental developments, as well as management's response to these factors, and other factors identified in our filings with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We are under no obligation (and expressly disclaim any such obligation) to update or revise any forward-looking statement that may be made from time to time, whether as a result of new information, future developments or otherwise.

Allied World Assurance Company Holdings, Ltd

CONTACT: Media, Faye Cook, VP, Marketing & Communications,
+1-646-794-0543, faye.cook@awac.com, or Investors, Keith J. Lennox, Investor
Relations Officer, +1-646-794-0750, keith.lennox@awac.com, both of Allied
World

Web site: http://www.awac.com/

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