Aug 28, 2017
Western World Appoints Troy Fornof as Vice President
PEMBROKE, Bermuda--(BUSINESS WIRE)--Aug. 28, 2017--
Validus Holdings, Ltd. (NYSE:VR) (“Validus”), today announced the
appointment of Troy Fornof as Vice President of Underwriting and
Marketing, Contract Division, at Western World Insurance Company
(“Western World’), effective August 28, 2017.
Based in Parsippany, New Jersey, Troy will be working closely with Tim
Hochkeppel, Gary Tiepelman and Rosemary D'Aco to continue the expansion
of the Contract Binding Authority business. Troy brings over 25 years of
insurance industry experience to Western World. Prior to joining, Troy
served as Senior Vice President and National Distribution Director at
Endurance Insurance. He was also Director of Branch Development and
Operations at USG Insurance Services and Vice President of CRC Insurance
Bob Livingston, President and CEO of Western World stated: “We are
excited for Troy to join our team as a Vice President of Western World.
Given his extensive knowledge of our industry and his clear
understanding of what it takes to build and manage a successful
operations strategy, we look forward to working with him to further
expand our existing distribution network.”
Troy said, "I am thrilled to be joining Western World and am eager to
help them continue to grow their position as a leader in the E&S market.
There is great opportunity for me here and I can’t wait to get started.”
Troy holds a B.A. in Communication and Media Studies from Slippery Rock
University of Pennsylvania and was recognized on Insurance Business
America’s 2015 Hot 100 list. He has served on the Legislative Committees
of both the American Association of Managing General Agents (AAMGA) and
the National Association of Professional Surplus Lines Offices, Ltd.
About Western World Insurance Group, Inc.
Western World Insurance Group, Inc., through its subsidiaries, is a
specialty U.S. commercial insurer, offering insurance products on a
surplus lines and admitted basis. Western World’s three operating
companies are domiciled in New Hampshire and are headquartered in
Parsippany, New Jersey.
About Validus Holdings, Ltd.
Validus Holdings, Ltd. (“Validus”) is a holding company for reinsurance
and insurance operating companies and investment advisors including
Validus Reinsurance, Ltd. (“Validus Re”), Talbot Underwriting Ltd.
(“Talbot”), Western World Insurance Group, Inc. (“Western World”) and
AlphaCat Managers, Ltd. (“AlphaCat”).
Validus Re is a global reinsurance group focused primarily on treaty
reinsurance. Talbot is a specialty insurance group primarily operating
within the Lloyd's insurance market through Syndicate 1183. Western
World is a U.S. specialty lines insurance group focused on excess and
surplus lines. AlphaCat is a Bermuda based investment advisor managing
capital for third parties and Validus in insurance linked securities and
other property catastrophe and specialty reinsurance investments.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170828005669/en/
Source: Validus Holdings, Ltd.
Western World Insurance Group
Charlotte Connerton / Mustafa Riffat