Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has announced that an excess and surplus (“E&S”) lines excess casualty team is joining the company.
Joseph Rainone will be appointed executive vice president and head of Endurance's new excess casualty – E&S insurance unit, which will include a team of underwriters located in Los Angeles and Atlanta. Mr. Rainone began his underwriting career in 1979 and his experience spans a range of casualty underwriting and management roles with a focus on surplus lines.
Jack Kuhn, chief executive officer of Global Insurance, commented, “With Joe and his team's extensive knowledge of the E&S market and long-term relationships with producers throughout the U.S., we will be able to quickly grow our current Excess Casualty portfolio. The strong reputation and underwriting talent that this team has developed in the wholesale casualty market will be a tremendous resource to Endurance as we continue to build out our insurance capabilities.”
Mr. Rainone was most recently senior vice president and excess casualty division manager at Alterra Specialty. From 1998 through 2010, Mr. Rainone was a senior vice president at RSUI Group, Inc., and head of its casualty underwriting division responsible for excess and primary lines of business accessed through wholesale brokers. Prior to that, he held various excess casualty underwriting and management positions at Landmark Insurance Company, The Chubb Corporation, AIG, and Liberty Mutual Insurance. Mr. Rainone holds a Bachelor of Business Administration degree from Hofstra University.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].