April 25, 2012 | last updated June 1, 2012 2:07 pm

Iglesias is Allied World's new prop/cas chief

Former AIG and Travelers executive Lou Iglesias is the new property-casualty division president for Swiss insurer Allied World Assurance Co. Holdings AG, which has Farmington operations.

As president, Iglesias is responsible for underwriting and servicing all program, property, environmental, inland marine, general and specialty casualty businesses.

Meantime, Todd Germano, who has been instrumental Allied's U.S. build-out, will move to a global role, and will be charged with developing global product and service capabilities for the company.

Iglesias spent 18 years at American International Group in varying management positions, including CEO for commercial casualty, and president for the risk management group.

Before AIG, he worked at Travelers and Reliance insurance companies.

He holds a degree in business management from the State University of New York at Fredonia and holds both CPCU and ARM designations.

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