31 July 2013 Insurance

Allied World launches new platform for multinationals

Allied World Assurance Company Holdings has launched Allied WorldWide, a platform which aims to simplify the buying process that multinational companies face when purchasing insurance protection for worldwide locations.

The platform, which is customisable, offers customers a single point of contact with respect to their coverage and to global teams of underwriting and claims contacts with local market expertise.

Allied WorldWide will offer directors & officers, employment practices liability, excess casualty, primary foreign casualty and environmental liability, which will be available through Allied World’s branch office locations in the United States, Bermuda, Europe and Asia.

“Our multinational offering has been expertly crafted to provide meaningful protection that addresses typical multijurisdictional challenges such as currency, regulatory, insurance and language differences worldwide,” said Todd Germano, executive vice president, managing director, Allied World Assurance Company. “Allied WorldWide can serve as the single‐source insurance carrier offering one program that covers several exposures for a client.”

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