Allied World launches D&O product in Asia
Allied World Assurance Company Holdings’ Asia-Pacific platform has launched a new product designed to provide a new level of protection for company directors and officers in the Asia-Pacific region.
The Executive ForceField product provides broad Side A coverage for non-indemnified loss, and is available on either a primary or excess basis.
Ben Howell, vice president and head of professional lines for Asia-Pacific, said: “The launch of Executive ForceField furthers our commitment to being the leading edge provider of innovative professional liability solutions in the Asia-Pacific region. Executive ForceField offers enhanced protection for company directors and officers and should form an integral part of any managerial liability insurance solution.”
He said Executive ForceField provides coverage for non-indemnified loss which is broader than typical D&O policies. The policy has an expanded definition of what is considered a loss and offers a range of responses for differences in conditions. “Allied World has a long history with this product, making the company the ideal Side A DIC solution provider for its partners and clients,” he said.
