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Validus Specialty Announces Appointment of Bob Eells as Chief Operating Officer

Validus Specialty Underwriting Services, Inc. (“Validus Specialty”) today announced the appointment of Bob Eells as Senior Vice President and Chief Operating Officer of Validus Specialty, Western World and Crop Risk Services.

Mr. Eells will report to Chief Executive Officer Jonathan Ritz and be a member of the organization’s leadership team. Among his key responsibilities will be leading operations and business enablement. Mr. Eells, who joins Validus from XL Catlin, will be based in the Parsippany, New Jersey office.

“Bob is a highly respected leader with expertise supporting growing businesses like our own,” said Mr. Ritz. “We’re focused on becoming a leader in each of our markets and enhancing our operations, and Bob will help us achieve this goal. He is a valuable addition to the team as we broaden capacity, expand our product portfolio and strengthen our broker, agent and client relationships. We’re confident he will make a substantial contribution.”

Mr. Eells joins with over 30 years of experience in commercial insurance operations. Prior to joining Validus, he focused on new products, innovations and corporate acquisitions at XL Catlin. He previously held increasingly senior roles at Catlin and worked at XL Group, Reliance Insurance and Philadelphia Insurance. Mr. Eells holds a degree in Business Administration from Temple University’s Fox School of Business.

Commenting on the decision to join Validus Specialty, Mr. Eells added, “This is an impressive company with an entrepreneurial mindset and a reputation for skilled underwriting and outstanding service. I am delighted to become part of this highly regarded insurance operation.”

Validus Specialty Underwriters

Validus Specialty offers a wide range of E&S and Admitted insurance solutions and operates on behalf of Western World Insurance Group and Talbot Underwriting Ltd., through Syndicate 1183.

With the flexibility of offering ‘A’ rated Lloyd’s paper and ‘A’ rated U.S. domestic excess & surplus lines and admitted paper through Western World insurance companies, Validus Specialty offers enhanced distribution access, excellent technical underwriting and claims management, and access to leading underwriting capacity.

About Validus Holdings, Ltd.

Validus Holdings, Ltd. (NYSE: VR) is a leading global provider of reinsurance, insurance, and asset management services. Validus companies maintain a worldwide presence with more than 1,000 employees in 17 offices. Learn more at validusholdings.com.

Contacts:

Investors:
Validus Holdings, Ltd.
Investor.Relations@ValidusHoldings.com
+1-441-278-9000
Or
Media:
Brunswick Group
Charlotte Connerton / Mustafa Riffat
+1-212-333-3810

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