Allied World U.S. to Enter Long Term Care Facilities Market

October 18, 2010

Allied World Assurance Co. Holdings, Ltd has announced that beginning with January 1, 2011 effective dates, Allied World Healthcare will be writing long term care facilities in the United States directly and through approved brokers and wholesalers.

“Long term care is an increasingly important segment of the U.S. Healthcare market and will be an area of focus for Allied World’s Healthcare team,” said John McElroy, president of Allied World U.S. Professional Lines division.

Allied World Healthcare’s Long Term Care policy offers medical malpractice and general liability coverage of up to $1/$3 million in limits for primary, and up to $10 million in limits when placement includes excess. Targeted facilities include the full spectrum of long term care including nursing homes, assisted living, independent living, and continuing care retirement communities.

Source: Allied World Assurance Company Holdings

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