Allied World partners with MGU on hospitality coverage

Allied World Assurance Company has launched a new habitational and hospitality programme between Allied World North America and Walnut Advisory Corporation, a managing general underwriting office in New Jersey.

The property and casualty insurance programme offers coverage for hotels, motels, apartments, condominiums, garden style co-ops, and a variety of mixed schedules.

Grace Meek, senior vice president, programs for Allied World, said: “We have worked with Walnut Advisory Corporation to design a competitive offering for the habitational and hospitality industries.”

Ariel Hessing, president, Walnut Advisory Corporation, added: “We are excited to work with Allied World’s Programs team as their program underwriting expertise paired with our years of experience in this class will help us grow this Program.”