SOURCE: ProSight Specialty Insurance

ProSight Specialty Insurance

May 01, 2012 02:00 ET

ProSight Specialty Underwriters Ltd. Announces the Appointment of Ciaran O'Donnell as Finance Director

LONDON--(Marketwire - May 1, 2012) - ProSight Specialty Underwriters Ltd. announced that it has appointed Ciaran O'Donnell as Finance Director effective immediately. Mr. O'Donnell comes to ProSight Specialty Underwriters Ltd. with extensive experience as Finance Director for several international insurance companies and the Lloyd's market.

Most recently, Mr. O'Donnell was Finance Director for Argo Managing Agency Ltd. (a division of Argo International). Previously, Mr. O'Donnell held Finance Director positions at FM Insurance Company Limited (the international division of FM Global), GE Insurance Solutions, and AIG Europe S.A. where he was based in Paris. Mr. O'Donnell began his career at Cooper's and Lybrand in his native Ireland.

"Ciaran's significant experience in our industry will be very valuable as we build ProSight Specialty Insurance into a significant global player," said Julian Enoizi, Managing Director of ProSight Specialty Underwriters Ltd. "We are excited to welcome him to the ProSight team."

About ProSight Specialty Underwriters Ltd.

ProSight Specialty Underwriters Ltd. is the international arm of ProSight Specialty Insurance. Operating as a coverholder for Syndicate 1110 at Lloyd's of London, ProSight Specialty Underwriters Ltd. focuses on underwriting Entertainment, Marine Cargo, Professional Liability and Energy & Power risks globally.

ProSight Specialty Insurance was founded by CEO Joseph Beneducci in 2009 and is backed by affiliates of TPG Capital and GS Capital Partners. ProSight Specialty Insurance focuses on niche markets where it has differentiated underwriting and claims expertise and partners exclusively with specialist distributors who have a deep understanding of their customers. More information about ProSight Specialty Insurance can be found on its website at http://www.prosightspecialty.com.

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