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Alterra Establishes Excess Liability Insurance Facility in London, Appoints Senior Underwriter

Posted on 18 Aug 2011

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Alterra Capital Holdings Limited this week announced that Alterra Europe plc has opened a new facility to underwrite Excess Liability insurance from its recently licensed branch in London, Alterra Europe - UK Branch.

Alterra also announced the appointment of Paul Bland as Vice President of Casualty Insurance Operations for the Branch. Paul will underwrite a high excess, diversified, general liability portfolio.

W. Marston (Marty) Becker, President and Chief Executive Officer of Alterra, commented: "The addition of an Excess Liability facility to Alterra Europe's new London operation reflects Alterra's commitment to the prudent expansion of distribution outlets and diversification of underwriting risks."

John Boylan, Chief Executive Officer of Alterra Europe, commented: "We are very pleased that Paul Bland has joined our team at Alterra Europe, as we expand our underwriting capability into the London marketplace. He is an experienced, accomplished and well-known underwriter with a profitable track record and we expect that he will be a valuable addition to Alterra. Paul will focus on developing a portfolio of US and International Casualty business."

Paul Bland has thirteen years of experience in Casualty Insurance underwriting, most recently as Class Underwriter (US General Liability) for The Catlin Syndicate at Lloyd's. He has a Bachelor of Science degree from the University of London, Queen Mary and Westfield College.

About Alterra Capital Holdings Limited

Alterra Capital Holdings Limited is a global enterprise dedicated to providing diversified specialty insurance and reinsurance products to corporations, public entities, and property and casualty insurers.