AIC Holdings Appoints Robert G. Purdy as President and CEO of AIC Underwriters

Oak Ridge, TN, August 26, 2011 --(PR.com)-- AIC Holdings announces the appointment of Robert G. Purdy to the position of President and CEO of AIC Underwriters, based in Philadelphia, PA. Mr. Purdy will be responsible for leading the underwriting, marketing and operations strategies for the AIC Underwriters’ middle market workers’ compensations business, including the specialty market of temporary staffing.

The principals of AIC Holdings, Bill and Bob Arowood, are excited to welcome Robert Purdy as the leader of this newly formed company. “Robert’s proven leadership, strategic vision and extensive experience in the workers’ compensation and middle market arena will be invaluable to the continued growth and development of this key market segment,” says Bill Arowood.

With more than 26 years of experience in the insurance arena, Robert joins AIC Holdings from AmTrust Financial. Prior to joining AmTrust, he led the ACE Limited Workers’ Compensation for ACE Complete, the online workers’ compensation web product and middle market. Previous to ACE, he led the American International Group (AIG) Specialty Workers’ Compensation Division. During his twelve years with AIG, Robert held various senior management positions including overall responsibility for the e-wC, Middle Market, Assigned Risk and USL&H segments. Prior to AIG, he spent 14 years with CIGNA Property & Casualty holding a succession of senior-level positions.

Robert has been a member of the Governing Board of the California, Delaware, New York, North Carolina and Pennsylvania Rating Bureaus. Additionally, he served on the Governing Board of the California Workers’ Compensation Institute (CWCI). Robert currently serves on the board of directors of the American Society of Workers’ Compensation Professional, Inc. (AMCOMP) and was a member of the American Staffing Association Advisory Board. He is a past member of the selection committee for Florida CHOICE Awards® for workers’ compensation, presented by Choice Medical Management Services, LLC and serves on the board of trustees for Caldwell College in New Jersey. He is a frequent speaker at insurance industry conferences and has published numerous articles in industry trade publications.

Robert may be contacted at Robert.Purdy@aicunderwriters.com.

AIC Holdings is a multi-faceted group of insurance companies including Accident Insurance Company, Madison Insurance Company, US Administrator Claims and the newly formed AIC Underwriters. AIC Holdings is affiliated with the company Appalachian Underwriters, Inc. For more information, please visit www.aicunderwriters.com.

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