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Allied World's Linda McSmith to Speak at Ohio Association of Ambulatory Surgery Centers Annual Meeting

PEMBROKE, Bermuda, Sept. 21 /PRNewswire-FirstCall/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Linda McSmith, AVP, Risk Management for Allied World U.S., will be speaking on behalf of Darwin, a brand of Allied World, at the Ohio Association of Ambulatory Surgery Centers (OAASC) annual meeting at the Cherry Valley Lodge in Newark, Ohio on September 24-25, 2009.

Ms. McSmith's presentation, "How Much Risk Are You Willing To Incur In Your ASC?" will take place during the first session on Thursday, September 24. She will discuss ways to identify common risks in the ASC and discuss ways to manage those risks. Ms. McSmith is joined by other healthcare and insurance professionals to address the challenges for ASC leadership, clinical, operations and finance.

This year's OAASC conference theme is "Celebrating Success, Planning for Change." While acknowledging the success of the organization to date, speakers will discuss the potential for drastic changes in healthcare financing, regulation and mandates and the effect of the economy on the industry overall.

Ms. McSmith provides risk management education and consultation to medical professional policyholders, helping them assess and manage their organizational risk. She also assists healthcare clients with ongoing medical educational programs, policy and procedure review and development.

Prior to her work with Darwin, Ms. McSmith spent 26 years in the nursing field where she gained experience in medical surgical nursing, dialysis and outpatient surgical services. She has extensive experience in ambulatory surgery operations and expertise in quality and risk management. Ms. McSmith earned her RN degree from St. Petersburg College.

About Allied World Assurance Company

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions, offering superior client service through offices in Bermuda, the United States, Europe and Hong Kong. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company. For further information on Allied World, please visit our website at

Cautionary Statement Regarding Forward-Looking Statements

Any forward-looking statements made in this press release reflect our current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially from those set forth in these statements. For example, our forward-looking statements could be affected by the ability to recognize the benefits of the Darwin Professional Underwriters, Inc. acquisition; pricing and policy term trends; increased competition; the impact of acts of terrorism and acts of war; greater frequency or severity of unpredictable catastrophic events; investigations of market practices and related settlement terms; negative rating agency actions; the adequacy of our loss reserves; the company or its subsidiaries becoming subject to significant income taxes in the United States or elsewhere; changes in regulations or tax laws; changes in the availability, cost or quality of reinsurance or retrocessional coverage; adverse general economic conditions including those related to the ongoing financial crisis; and judicial, legislative, political and other governmental developments, as well as management's response to these factors, and other factors identified in our filings with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We are under no obligation (and expressly disclaim any such obligation) to update or revise any forward-looking statement that may be made from time to time, whether as a result of new information, future developments or otherwise.

SOURCE Allied World Assurance Company Holdings, Ltd
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