Endurance Announces New Partnership with Aviation MGU, W. Brown Associates

Nov 13, 2015 07:00 JST

Source: Endurance Specialty Holdings Ltd.

PEMBROKE, Bermuda, Nov 13, 2015 - (ACN Newswire) - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that it has entered into an exclusive joint underwriting agreement with W. Brown Associates to provide general liability and property coverages for a wide range of general aviation risks across the U.S. market. W. Brown Associates, founded in 1987, is one of the ten largest underwriters serving the general aviation market. Products offered include hull and liability coverage as well as general liability coverage for ground based risks such as fixed base operators, airport owners and aircraft manufacturers and distributors.

Mr. Jack Kuhn, CEO of Global Insurance at Endurance commented, "W. Brown Associates is one of the country's most highly regarded writers of general aviation risk with a proven track record over their approximately 30 year history in this business. Their range of general aviation products complements Endurance's broad specialty capabilities, further diversifying our global insurance portfolio."

Mr. Doug Worman, CEO of U.S. Insurance for Endurance, added, "W. Brown's targeted products and wide national distribution network enables us to further scale our U.S Insurance business, with ready access to strong underwriting and claims capabilities in an attractive growth market."

Scott Brown, President & CEO of W. Brown Associates added, "We believe that a partnership with Endurance is an excellent opportunity for us to team with a company which shares our strong commitment to customer service and values our deep product expertise. We look forward to this exclusive and long term relationship with Endurance, backed by their excellent financial strength and ratings."

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 agriculture, professional lines, property, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines and 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 and Poor's on our principal operating subsidiaries. Endurance's headquarters are located at Waterloo House, 100 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 www.endurance.bm.

Contact
Investor Relations
Phone: +1-441-278-0988
Email: investorrelations@endurance.bm

###

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Endurance Specialty Holdings Ltd via Globenewswire

Source: Endurance Specialty Holdings Ltd.