Endurance Welcomes Global Agriculture Reinsurance Team
PEMBROKE, Bermuda - July 8, 2014 - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Avery Cook and Kristopher Lynn will join Endurance later this month to underwrite and manage international agriculture reinsurance programs. Collectively, they bring to Endurance several decades of experience with major brokers and reinsurers, underwriting and modeling agricultural insurance portfolios on a global basis. Messrs. Cook and Lynn will be located in the company's Bermuda office reporting to Peter Mills, Head of Global Specialty and European Property & Casualty Reinsurance. Mr. Cook's appointment is subject to approval by the Bermuda Department of Immigration.
Mr. Mills commented, "The addition of this new team is another milestone as we strategically expand our global specialty capabilities, adding new product expertise to our current offerings. With the underwriting talent and analytic proficiency that Avery and Kris bring to Endurance Re, I am confident that we will quickly become a respected leader in the international agriculture reinsurance market."
Mr. Cook joins Endurance from Aon Benfield where he was Managing Director of Global Agriculture Analytics since 2010, responsible for modelling Aon's agriculture risks globally. Prior to that, Mr. Cook was responsible for agriculture insurance programs for Agriculture Financial Services Corporation in Alberta, Canada since 1997. Mr. Cook holds a Master's degree in Mathematical Finance from the University of Alberta and a Bachelor's degree in Actuarial Mathematics and Economics from the University of Manitoba.
Mr. Lynn joins Endurance from Tokio Millennium Re where he has served as a Vice President, Specialty & Casualty Lines since 2007. In this underwriting role, he has supported a range of specialty products including agriculture, workers' compensation catastrophe and property terrorism reinsurance. Earlier in his career, Mr. Lynn worked for Ace European Group in London as a terrorism/cat analyst. He holds both Master's and Bachelor's degrees in Risk Management from Glasgow Caledonian 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 agriculture, professional lines, property, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines and 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 Waterloo House, 100 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 www.endurance.bm.
Phone: +1 441 278 0988
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