Endurance Appoints Mark Boland to Head U.S. Wholesale Primary Casualty Insurance
PEMBROKE, Bermuda, Jan. 4, 2012 (GLOBE NEWSWIRE) -- Endurance Specialty Holdings Ltd. (ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Mark Boland has been appointed to lead Endurance's U.S. wholesale primary casualty insurance operations. Mr. Boland joined Endurance in 2007 and successfully built a property and casualty portfolio focused on hard to place small to mid-size complex risks, working through a network of surplus lines agents. Mr. Boland has thirty years experience in commercial lines underwriting and, more recently, in senior management roles. He will be located in New York City, reporting to Steven Dresner, Head of Endurance's Specialty Operations for U.S. Wholesale Insurance.
Glenn Yanoff, President and Head of U.S. Insurance Wholesale Operations, commented, "Broadening our primary casualty book through new producer relationships and broader geographic coverage is a priority as we strive to build Endurance's presence in the U.S. wholesale market."
Mr. Dresner added, "Based on Mark's wealth of experience and his success over the last few years at Endurance, I am confident that under his guidance our expanded primary casualty team will make a significant mark in this space despite the challenging environment."
Prior to joining Endurance, Mr. Boland served as President of Coventry Managers, a commercial property and casualty carrier. From 1996 through 2005, he was President and CEO of Hermitage Insurance Company, a commercial lines subsidiary of Tower Group, Inc. Mr. Boland's prior experience includes several underwriting positions. He holds C.P.C.U. and A.R.M. designations as well as a B.S. in Accounting and Finance from Pennsylvania State University.
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 and professional lines of insurance and property, catastrophe, casualty, aerospace and marine, 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 & Poor's. 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.
CONTACT: Investor Relations Phone: (441) 278-0988 Email: email@example.comSource: Endurance Specialty Holdings Ltd. 2012 GlobeNewswire, Inc.