Allied World Global Markets Launches Professional Lines Management Liability Package
OREANDA-NEWS. Allied World Assurance Company Holdings, AG (NYSE: AWH) today announced that Allied World Global Markets launched a Professional Lines Management Liability Package tailored specifically for small–to–medium sized enterprises (SMEs) based in the UK.
This new offering is a complete management liability package covering Directors & Officers liability, Corporate Legal Liability and Employment Practices Liability with the ability to blend coverages with separate limits for each.
Julian James, President of Allied World Global Markets, commented “We recognize that SMEs in the UK are looking for affordable and flexible insurance solutions that provide protection specific to their business needs. Our policy is responsive, providing clients with the choice of purchasing an entire package or combining only the coverages that they need.”
Dawn Zacharow, Vice President, Professional Lines at Allied World Global Markets, commented “Given their smaller size, SMEs can be more vulnerable to management liabilities than larger players. Therefore, it is imperative that they’re diligent about understanding potential risks and putting the proper protections in place. We created this policy to seamlessly mitigate those risks, so that organizations can focus on running their business.”
About Allied World
Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA‐ by Fitch.
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