Allied World Operating Chief Bell Resigns; McElroy Takes Role

Allied World Assurance Company Holdings AG, the insurer whose co-founders include American International Group Inc. (AIG) and Chubb Corp., said Chief Operating Officer David Bell is stepping down to pursue interests in Montana.

John McElroy, who has been president of professional lines in the U.S., has assumed the title of COO, the Zug, Switzerland- based insurer said today in a statement distributed by PR Newswire.

To contact the reporter on this story: Dan Kraut in New York at dkraut2@bloomberg.net

To contact the editor responsible for this story: Anthony Gnoffo at agnoffo@bloomberg.net

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