Dougherty Named Senior VP at U.S. RE

NEW YORK, NY--(Marketwire - October 1, 2007) - Arthur T. Dougherty, a reinsurance broker with more than 25 years' experience in the property and casualty sector, has joined U.S. RE Corporation as Senior Vice President, Tal P. Piccione, Chairman and Chief Executive Officer, announced.

Dougherty comes to U.S. RE as Senior VP after six years at Benfield, Inc. where he was responsible for production, management, and placement of Treaty Reinsurance.

"Art Dougherty has an outstanding track record and will make an important contribution to our leadership team as U.S. RE grows," Piccione said. "His experience in the Specialty Casualty Business will be exceedingly valuable as we move forward."

U.S. RE Corporation is the reinsurance brokerage and consulting arm of U.S. RE Companies, Inc., the New York-based international financial services group with offices in Basel, Switzerland; Istanbul, Turkey; Bermuda; and Atlanta. Other subsidiaries include U.S. RE Corp. International, Ltd.; Uni-Ter International Insurance Company; U.S. RE Risk Alternatives, LLC; U.S RE Securities, LLC; and The Uni-Ter Group, manager of Risk Retention Groups in the healthcare field that operate in 42 states.

Prior to joining Benfield, Dougherty spent 20 years at Sten-Re Cole/Cole Booth Potter/Aon Re, Inc. where he rose from an entry level accountant to Senior Vice President. In 1990 he established Aon Re's New York office and assisted in growing that office's revenues to more than $20 million by 1997.

Dougherty began his career in the management training program at American Re after graduating from St. John's University with a B.S. Degree in Accounting.

Contact Information: For more information, contact: Mechlin Moore MDM Communications 239-777-1595