Tower Group Appoints Investor Relations Head

NEW YORK--(BUSINESS WIRE)--Tower Group, Inc. (TWGP) announced today that Bernard J. Kilkelly has joined the company as Managing Vice President, Investor Relations. Mr. Kilkelly joins Tower after serving since 2001 as Vice President, Investor Relations for Delphi Financial Group, Inc., a specialty insurance holding company which was acquired by Tokio Marine Group in 2012. He will report to Bill Hitselberger, Executive Vice President and Chief Financial Officer of Tower.

“Tower is committed to building shareholder value by continuing to achieve sustainable growth and profitability in our U.S. insurance businesses while also expanding our international capabilities. Bernie's extensive insurance industry background and investor relations experience will enable us to increase investor awareness and understanding of Tower’s strengths and accomplishments.”

Michael H. Lee, President and Chief Executive Officer, said, "Tower is committed to building shareholder value by continuing to achieve sustainable growth and profitability in our U.S. insurance businesses while also expanding our international capabilities. Bernie's extensive insurance industry background and investor relations experience will enable us to increase investor awareness and understanding of Tower’s strengths and accomplishments."

Mr. Kilkelly has over 25 years of experience in investor relations and corporate communications. In addition to his role at Delphi Financial, he previously served as Vice President of Investor Relations and Corporate Communications for Enhance Financial Services Group Inc., and held senior positions at several investor relations and public relations agencies in New York. Mr. Kilkelly is a director and past president of the New York chapter of the National Investor Relations Institute (NIRI-NY). He received a B.A. in English from the College of the Holy Cross and an M.B.A. in Finance and Investments from the Zicklin School of Business at Baruch College.

About Tower Group, Inc.

Tower Group, Inc. offers diversified property and casualty insurance products and services through its operating subsidiaries.

Our Commercial Insurance Segment offers a broad range of commercial lines property and casualty insurance products to small to mid-sized businesses distributed through a network of retail, wholesale and program underwriting agents on both an admitted and non-admitted basis. This segment also provides reinsurance, primarily on a quota share basis, to other insurance providers.

Our Personal Insurance Segment offers a broad range of personal lines property and casualty insurance products to individuals distributed through a network of retail and wholesale agents.

Our Insurance Services Segment provides underwriting, claims and reinsurance brokerage services to insurance companies.

For more information visit Tower’s website at http://www.twrgrp.com/.