Lou Iglesias appointed Allied World’s president, North America Platform

Lou Iglesias is taking on duties as president of Allied World North America, succeeding Gordon Knight, who is retiring at the end of January.

Iglesias will oversee profitability, production and distribution for all lines of business, including the Property & Casualty and Professional Lines books across Allied World’s 11 offices in the United States and Canada, notes a statement issued last week by Allied World Assurance Company Holdings, AG, a global provider of property, casualty and specialty insurance and reinsurance solutions.

Currently president of U.S. Property & Casualty, Iglesias has been part of the succession plan to follow Knight since joining the company in 2012.

Iglesias has almost three decades of experience in the insurance industry. Before coming to Allied World, he spent 18 years at American International Group (AIG) in varying management positions, including in the areas of commercial casualty, risk management, environmental and construction. He also previously held positions at Travelers and Reliance insurance companies, the press release adds.

“Lou has been a great addition to the Allied World team. His industry experience, technical expertise and commitment to prudent underwriting have earned him an exceptional reputation in the market,” Scott Carmilani, president and CEO of Allied World Assurance Company Holdings, AG, says in the statement.

Knight, who has served as president, North America Platform since 2008, oversaw the transformation of Allied World’s U.S. operation. He will remain on in an advisory capacity to Allied World, and has entered into a related five-year employment/consulting agreement, the statement adds.

“Gordon has been a vital part of Allied World’s leadership team for the past six years. He built a specialty franchise in the U.S., diversifying our portfolio and distribution channels, and doubling our book of business. I am personally grateful for his service, and I look forward to continuing to work with him,” Carmilani says.