Reinsurance News

Doran to join James River Group as CFO, leaving Allied World

20th December 2016 - Author: Steve Evans

Sarah Doran is joining Bermuda based insurance and reinsurance holding company James River Group Holdings, Ltd. as Chief Financial Officer in the New Year, leaving her current role at Allied World Assurance Company Holdings, AG.

Doran has been with Allied World, the re/insurer that is set to merge with Prem Watsa’s Fairfax Financial, since April 2013 where she held the role of Senior Vice President, Strategy, Treasurer and Investor Relations.

Doran was previously at Barclays, where as a Director in the Financial Institutions Group, she worked on strategic transactions including mergers, acquisitions and divestitures and capital raising for the insurance and reinsurance industry. Prior to that Doran was with Lehman Brothers.

Doran joins James River Group on January 16th 2017, and the new role will see her take responsibility for finance, accounting and financial reporting, investments, corporate development and strategy, internal audit, treasury and investor relations across the insurance and reinsurance group.

J. Adam Abram, James River Group’s Chairman and Chief Executive Officer, commented, “We are extremely pleased to have Sarah join our company.  She has a wealth of experience in finance and corporate development, having held leadership positions within financial services and the property and casualty insurance industry.  We look forward to working with her and leveraging her strengths as we continue to build our franchise.”

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Doran said, “I am thrilled to be joining James River Group at this time, both because of its recent performance as well as its prospects going forward.  It is a company I have long admired with its strong results, underwriting culture and specialty market focus.  I am excited to help drive the group’s initiatives ahead in the coming years.”

Abram added, “I would like to again thank our current CFO, Gregg Davis, for his years of dedicated service to the group.  We wish him the very best in his retirement.”

Source: Globe Newswire.

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