Allied World U.S. Announces Michael Murphy to Speak at the California Insurance Wholesalers Association Summer Forum

Jun 15, 2010, 10:00 ET from Allied World Assurance Company Holdings, Ltd

PEMBROKE, Bermuda, June 15 /PRNewswire-FirstCall/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Michael Murphy, Underwriter for Tech E&O, in the U.S., is speaking at the upcoming California Insurance Wholesalers Association Summer Forum. The event takes place June 17 -18, 2010 at The Ritz Carlton Hotel in Half Moon Bay, California. The topic for the event is, "Cyber Privacy & Data Security." Mr. Murphy will speak as part of a panel on Friday, June 18 discussing current market trends, product distribution and specifically, Allied World's Tech E&O product suite.

As an Underwriter in Allied World's technology and information liability group, Mr. Murphy specializes in privacy and network security risks.  In addition to his responsibilities as lead west coast underwriter for the department, he has also been involved in initiatives related to product development and internal financial reporting, and has given presentations to various brokerage firms in the industry. Before joining Allied World in July 2009, Mr. Murphy traded multiple commodities, focusing on the energy markets for seven years with JP Morgan and Orlando Lewis. He has a degree from Fairfield University in Marketing and Finance.

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, Europe, Hong Kong, Singapore and the United States. 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 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 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; 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.

SOURCE Allied World Assurance Company Holdings, Ltd



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