Endurance Names Raver to Board

Bermuda’s Endurance Specialty Holdings Ltd. announced the appointment of William J. Raver to its Board of Directors.

He has been the Chief Operating Officer of Verizon Investment Management Corporation since 2003. Endurance noted that in this role, “he helps oversee $65 billion of Verizon retirement plan assets and is responsible for all financial reporting and fiduciary functions. He joined a predecessor company of Verizon in 1997 as a Managing Director in charge of externally-managed public and private investment activity. From 1994 to 1997, Mr. Raver was Director of Research at Evaluation Associates, an investment consulting firm. His earlier career includes senior level positions in corporate treasury with Young & Rubicam, Cadbury Schweppes, Stauffer Chemical and Avon Products.

Commenting on the appointment, Chairman and CEO Kenneth J. LeStrange stated: “I am pleased to welcome Bill to our Board of Directors. He has a breadth of financial and investment expertise that will be of great value to our Board. We look forward to his contributions.”