Allied World Assurance Company Opens Philadelphia Office

Allied World Assurance Company Holdings announced the opening of Allied World U.S.’s new office in Philadelphia.

The company also said Mike Sobel, vice president, has been appointed Philadelphia branch manager and will oversee distribution and business development for the Mid-Atlantic territory. He will report to Bobby Bowden, executive vice president for U.S. marketing and business development.

Sobel has 14 years of experience in the insurance industry. Prior to joining Allied World, he was mostly recently responsible for overseeing the East Coast territory for the public entity department at ACE USA. Sobel previously held various senior management roles at both ACE and the Kemper Corporation in their environmental divisions.

Opening an office in Philadelphia has been a strategic objective for Allied World, the insurer stated. “Since 2008, we have focused on building-out a national branch network, which now includes 10 offices, to better serve our clients and trading partners in the U.S.,” according to Bowden, executive vice president for U.S. marketing and business development.

Switzerland-headquartered Allied World Assurance Company Holdings, through its subsidiaries, is a global provider of property, casualty and specialty insurance and reinsurance solutions.