2 May 2014 Insurance

Allied World targets onshore construction

Allied World Europe, part of Allied World Assurance, has launched a new onshore construction insurance line of business.

Alf Müller has been appointed senior vice president to lead the team. He will be responsible for building the line of business and developing a comprehensive onshore construction product suite.

Prior to joining Allied World, Müller was most recently energy & property manager for Europe at American International Group.

He has over 20 years of insurance industry experience specifically in the energy and construction markets.

Julian James, president of Allied World Europe, said: “As the global economy develops, companies are once again expanding their operations. In particular, the European construction market is showing signs of revitalization, providing a tremendous amount of opportunity for growth in the sector.

“Specialty risks, such as onshore construction, require technical expertise. Alf has over 20 years of experience in the construction market and his breadth of knowledge and reputation will be a great asset as we look to build‐out this book of business.

“Over the past several months, we have been expanding our primary product offerings throughout Europe to accommodate the continually evolving needs of our insureds. This latest launch affirms our commitment to offering sophisticated products and services to meet the latest risks in the market.”

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