|Chartis Names George Stratts President and Chief Executive Officer of Global Marine and Energy Division|
New York – August 12, 2009 – Chartis Inc., a world leader in property-casualty and general insurance, today announced the appointment of George Stratts as President and Chief Executive Officer of its Global Marine and Energy Division. Mr. Stratts was previously Executive Vice President of Lexington Insurance Company, a Chartis company, and Senior Executive for Lexington’s Property Division. In his new role, Mr. Stratts will oversee the global energy casualty, global energy property, oil rig and global marine product lines for Chartis. He will report to John Doyle, President and Chief Executive Officer of Chartis U.S., and Ralph Mucerino, Chief Operating Officer of Chartis International and Chairman of Chartis’ Global Marine and Energy Division. Mr. Stratts also will serve as Senior Property Executive of Chartis U.S., reporting to David Fields, Senior Vice President and Chief Reinsurance Officer of Chartis.
“George brings deep experience to the Chartis executive team,” said Kristian P. Moor, President and Chief Executive Officer of Chartis. “His background in underwriting and operations will prove immensely valuable as Chartis continues its progress toward greater global integration.”
Mr. Stratts joined Lexington in 1999 and has held underwriting positions of increasing responsibility, becoming Senior Vice President of Property for Lexington in 2003. In 2006, he became an Executive Vice President overseeing Lexington’s Property Division. Previously, Mr. Stratts worked as an underwriter for the Chubb Corporation. He is a graduate of Villanova University.
Chartis is a world leading property-casualty and general insurance organization serving more than 40 million clients in over 160 countries and jurisdictions. With a 90-year history, 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.