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Chartis Global Commercial Insurance Names Tim Carter Chief Underwriting Officer
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NEW YORK – October 26, 2011 – Chartis today announced that Tim Carter has been named Chief Underwriting Officer for Chartis Global Commercial Insurance, responsible for underwriting leadership, strategy and governance for the Financial Lines, Specialty, Property, Casualty and Global Risks Solutions businesses within Chartis Global Commercial Insurance.

“Tim will lead our efforts to enhance risk selection and underwriting tools, as well as ensure greater consistency in the underwriting process worldwide,” said John Q. Doyle, Chief Executive Officer of Global Commercial Insurance. “We are pleased to have Tim play a key role within Chartis’ global commercial management team as we continue to refine the structure of the business as part of the corporate reorganization announced earlier this year.”

Mr. Carter joins Chartis from Zurich Financial Services Group, where he was the Chief Underwriting Officer for Zurich in North America. His previous positions at the company included serving as European Chief Underwriting Officer, Underwriting Director for Personal Lines, and Pricing Director for Commercial and Corporate business in the U.K. Mr. Carter began his career as an actuarial consultant for Watson Wyatt. He holds a Bachelor’s Degree in Mathematics from the University of Nottingham and he is a Fellow of the Institute of the Actuaries.

About Chartis

Chartis is a world leading property-casualty and general insurance organization serving more than 70 million clients around the world. With one of the industry’s most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence.

Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit our website at http://www.chartisinsurance.com. All products are written by insurance company subsidiaries or affiliates of Chartis Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.

Marie Ali