Posted on 06 Dec 2011
Starr Companies announced today the formation of a Global Casualty Insurance Practice, providing overall underwriting leadership for Starr’s general casualty insurance offerings. The Practice will ensure the focused and consistent delivery of the organization’s casualty insurance, which will continue to be written throughout Starr’s many profit centers and businesses around the world.
Jim Vendetti, Executive Vice President and Chief Underwriting Officer for Starr Indemnity & Liability Company and Starr Surplus Lines Insurance Company, will serve as Global head of the unit, as well as continue in his current role leading all underwriting for the domestic insurance companies.
James Dowd will report to Vendetti and provide oversight outside the U.S. Dowd will continue to serve as Chief Underwriting Officer for the International Global Casualty Portfolio.
Starr Companies is comprised of C. V. Starr & Co., Inc. and Starr International USA, Inc. and is a global, privately held, insurance and financial services organization. Starr’s insurance companies, Starr Indemnity and Starr Surplus Lines, provide high-quality, customized property and casualty and accident & health insurance products, with significant access to the excess and surplus marketplace for certain lines of business. Starr also writes specialty lines covering aviation, marine, energy and excess casualty insurance, including risks with international exposures. Starr provides a broad spectrum of services, including claims handling and settlement, reinsurance, risks assessment and loss control.