Allied World Introduces Property and Excess Casualty Lines for Canadian Market

Allied World Assurance Company Holdings, AG announced the launch of the initial Property and Casualty (P&C) offering in the Canadian market.

In a release, Allied World said that Gord Kerr, Senior Vice President, Chief Agent and Branch Manager, will oversee the build- out of these lines and will be responsible for production, profitability and distribution throughout the region.

The new property team will provide capacity for a range of industry classes for mid- to large-size Canadian-based companies on either primary, quota-share or excess layers.

The new excess casualty team will underwrite a range of classes on either the lead umbrella or excess layer. Risk management services, including Allied World's Strategic Response, will be available for all policy holders.

Kerr said, "While many insurers provide P&C coverage, we are proud to offer first-class products that limit coverage gaps and provide customized solutions tailored for each client. Our underwriters have technical expertise in their respective lines and work directly with our risk management and claims teams to partner with clients, limiting their exposures early on."

Bobby Bowden, Executive Vice President and Chief Marketing Officer for Allied World, added, "Again, we are committed to building a dynamic product offering in Canada. We just rolled out our well-respected ForceField product suite and are now launching our P&C lines of business. Canada is an important territory for Allied World and we continue to provide our trading partners and clients with innovative products that fill a void in the market."

Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of property, casualty and specialty insurance and reinsurance solutions.

More information:

www.awac.com

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