HOUSTON, July 20, 2005 (PRIMEZONE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that David J. Evans has joined its underwriting agency subsidiary ASU International, Inc. (ASU) as Managing Director of their London based operations. ASU is based in Wakefield, Massachusetts, with offices in Los Angeles, New York City and London.
Mr. Evans received a BCom Honours Degree from the University of Birmingham and has been in the insurance industry since 1998. He has spent time as a broker with Rattner Mackenzie Ltd., also a subsidiary of HCC, where he was responsible for the ASU account and most recently was employed as an underwriter at RJ Kiln Syndicate at Lloyd's.
William F. Hubbard, President and Chief Executive Officer of ASU, said, "We are very pleased that David has agreed to join our team. David has the vision and the dedication to lead our business in London and be part of expanding our worldwide business."
ASU is a wholly owned subsidiary of HCC Insurance Holdings, Inc. and specializes in specialty insurance products. ASU is a leading provider of Event Cancellation, Contingent Personal Accident, High Limit Disability, Prize, and Film insurances. For more information, visit their website at www.asui.com.
HCC is an international insurance holding company and a leading specialty insurance group since 1974, based in Houston, Texas, with offices across the USA and in Bermuda, England and Spain. HCC is traded on the NYSE (symbol:HCC), has assets exceeding $6.0 billion and is rated AA (Very Strong) by Standard & Poor's and A+ (Superior) by A. M. Best Company.
For more information, visit our website at www.hcch.com.
Forward-looking statements contained in this press release are made under "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. The types of risks and uncertainties which may affect the Company are set forth in its periodic reports filed with the Securities and Exchange Commission.