Allied World News

Allied World to Build Out Canadian Energy Market Property Coverage, Hires Two Vets to Lead

Allied World Assurance Company Holdings, AG has launched its property line for energy risks in the Canadian market with a new team of underwriters. The company launched its initial property & excess casualty offerings for Canada in May. The new …

Allied World Adds Excess D&O to Product Offerings in Canada

Swiss-based Allied World Assurance Company Holdings, AG announced that it has added Excess D&O coverage to its existing management liability product suite in the Canadian market. The announcement said the “Excess D&O product joins Allied World’s ForceField that offers five …

Allied World Offers Casualty Lines for Canadian Market

Allied World Assurance Co. Holdings has launched an initial property /casualty offering in the Canadian market. Gord Kerr, senior vice president, chief agent and branch manager, will oversee the buildout of these lines and will be responsible for production, profitability …

Allied World U.S. Launches Coverage for Liability, Expenses of Privacy Breach

Allied World U.S. has launched Privacy//403 SRVS, a Specified Response Vendor Solution (SRVS) policy to provide coverage for liability and expenses associated with the compromise of sensitive information and information systems, in the event of a data breach. The Privacy//403 …

Allied World Bermuda Upgrades Public Company D&O Coverage

Allied World Bermuda has upgraded its Executive ForceField policy to provide enhanced coverage for the protection of directors and officers of public companies. This upgraded Side ‘A’ directors & officers excess and lead difference-in-conditions insurance policy provides broad ‘Side A’ …

Allied World Launches Admitted Lawyers Professional Liability Product

Allied World U.S. has launched a new admitted lawyers professional liability product: Allied World LPL Assure. LPL Assure includes provisions specifically addressing privacy and network security wrongful acts, with coverage up to the full policy limit for no additional premium. …

Allied World Bermuda Launches Liability Coverage for ACOs

Allied World Bermuda has launched a new accountable care organization (ACOs) liability product for Bermuda-based clients. The product provides coverage for ACOs – newly emerging healthcare organizations characterized by a payment and care delivery model that ties provider reimbursements to …

Allied World, APA Launch Psychiatric Nurse Practitioners, Physician Assistants Program

Allied World U.S. and the American Professional Agency, Inc. (APA, Inc.) have launched a medical malpractice insurance program for psychiatric nurse practitioners and physician assistants in the field of behavioral health. The latest in a suite of products developed specifically …

Best Affirms Allied World and Subs Ratings; FSR Outlook Stable; ICR Positive

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent and the issuer credit ratings (ICR) of “a” of Allied World Assurance Company, Ltd and its operating affiliates. The outlook for the FSR is stable, while the …

Broker Southwest Risk: Dispute with Allied World Settled

Insurance broker Southwest Risk LP, based in Dallas, announced it has settled a dispute with Allied World Assurance Co. The announcement released by Southwest Risk did not elaborate on the nature of the dispute but Allied World in July raised …