C.V. Starr, AWAC team on excess casualty business

PEMBROKE, Bermuda--C.V. Starr & Co. plans to offer excess casualty insurance for public entity, residential and commercial contracting risks on behalf of two units of Allied World Assurance Co. Holdings Ltd., Pembroke, Bermuda-based AWAC announced Tuesday.

C.V. Starr will offer the coverages on behalf of Allied World Assurance Co. (U.S.) Inc. and Newmarket Underwriters Insurance Co.

In a statement, John McElroy, U.S. senior vp and head of field operations for AWAC, said: "We are excited about our relationship with C.V. Starr & Co., which accelerates the continuing growth of our U.S. platform."

C.V. Starr President William Weichold said in a statement: "Working with Allied World provides us with additional capacity that expands our existing product line capabilities for existing and future clients while strengthening our commitment to building upon an already exemplary branch network. We look forward to a successful relationship."