30 July 2014Insurance

Allied World launches architects & engineers line

Allied World North America has launched an architects and engineers professional liability line of business for the US market.

Doug Hamilton has been appointed vice president and will oversee the development of this new product line.

Coverage will be offered for four distinct areas, within the construction industry: architects and engineers professional liability, constructors professional liability, project specific coverage for design exposure and owners protective professional indemnity on both a primary and excess basis.

Joe Cellura, president, North American casualty, said: "We are thrilled that Doug has joined Allied World's continuously expanding P&C team. There are numerous challenges facing today's design professionals including expanded regulatory requirements, technological advances and broadening contractual expectations. Specialised fields require technical expertise and Doug's years of experience in the industry, combined with our robust risk management services, will help clients mitigate exposures from the outset."

Lou Iglesias, president, Allied World North America, added: "The addition of our architects & engineers line is another step in our mission to find meaningful opportunities to bring our clients specialty expertise that addresses their evolving risks. This launch adds to our full suite of products customised to fit the needs of the construction industry. Doug is a leader in this field and I look forward to working with him to build out this book of business."

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