Allied World Assurance Company has selected Iain MacLeod as senior vice president, Asia-Pacific, to manage distribution management and regional business development for all direct and facultative lines, including casualty, environmental, healthcare, mergers and acquisitions, professional liability and trade credit coverage.
The US non-life insurer said that MacLeod will be based in Singapore and will report to William Cotter, managing director Asia-Pacific.
Cotter said, "We are very excited that Iain has joined our growing international team, as we feel there is a tremendous amount of opportunity in both the Singapore and greater Asia-Pacific markets."
"Iain’s extensive industry experience will be a great asset as we continue to offer innovative solutions to our brokers and clients to help them manage their evolving business risks."
MacLeod holds more than 20 years of experience in the insurance industry in the Bermuda, London and New York markets.
Before accepting the current post at Allied World, MacLeod was acting with Bowring Marsh in Bermuda where he oversaw the Financial & Professional Liability group, including the directors and officers, errors and omissions and employment practices liability product lines.
Allied World Assurance Company, through its subsidiaries, offers property, casualty and specialty insurance and reinsurance solutions, through a global network of offices and branches.