PEMBROKE, Bermuda, Sept. 19, 2011 (GLOBE NEWSWIRE) -- Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that John L. O'Connor will be appointed to the new role of Chief Administrative Officer for Endurance Specialty Holdings. In this role Mr. O'Connor will be responsible for leading Endurance's key global service functions as well as ensuring the efficient operation and delivery of critical internal services and activities to Endurance's global underwriting operations.
Mr. O'Connor has more than twenty years experience in senior level consulting and insurance industry roles and has successfully designed, built and managed technology, financial and service operations throughout his career. Mr. O'Connor joined Endurance as the leader of Endurance Services Limited in 2004 and will now be reporting to David Cash, Chief Executive Officer of Endurance Specialty Holdings Ltd.
Mr. Cash stated, "In his time with Endurance, John has consistently demonstrated his abilities as a leader of teams, a developer of talent and a builder of operations. He joined Endurance early in our onshore US expansion and knows the company, its businesses and staff from the ground up. I am confident that John will bring both energy and perspective to his new role as Endurance's Chief Administrative Officer and that in this new position he will have a real and sustained impact on Endurance's operations."
Prior to joining Endurance, Mr. O'Connor was a Partner with Accenture consulting to the property and casualty and life insurance industries across a range of technology, financial and process engineering projects. In addition to his client focused responsibilities with Accenture, Mr. O'Connor held leadership positions within the North American Property & Casualty Insurance and Finance & Performance Management practices. Prior to joining Accenture Mr. O'Connor was a senior auditor with Arthur Andersen. Mr. O'Connor holds a Certified Public Accountant designation and a Fellow of the Life Management Institute designation. He graduated with a degree in Accounting from Fairfield 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/">http://www.endurance.bm.