Allied World Announces New (i-bind)® Online Platform for Storage Tank Liability Coverage

ZUG, Switzerland--(BUSINESS WIRE)-- Allied World Assurance Company Holdings, GmbH announced today the launch of its new (i-bind)® platform for storage tank liability coverage. The 24/7 online portal allows authorized users to quote and bind coverage, obtain policies and certificates of insurance and submit name changes for mid-term, new or sold tanks.

With minimum premiums as low as $350, coverage is available for both underground and aboveground storage tanks for a one-year policy term, including a dedicated defense limit. Target industries include convenience stores, gas stations, municipalities, universities, schools, retail, real estate, industrial and commercial properties, hospitals and golf courses.

“We are proud to offer the (i-bind)® platform to our valued broker partners as the online solution to their storage tank coverage needs,” said Marcel Ricciardelli, Senior Vice President, Environmental Division.

“Our easy-to-use platform will allow users to save a significant amount of time managing storage tank coverage for their clients. Referrals are handled in a streamlined and efficient manner, with a dedicated email address for servicing,” said David Lau, Assistant Vice President, Environmental Division.

For more information about (i-bind)® for storage tank liability coverage, please contact David Lau at STi-bind@awac.com or visit www.STi-bind.com.

About Allied World

Allied World Assurance Company Holdings, GmbH, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world

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Media:

Allied World Assurance Company Holdings, GmbH

Faye Cook, +1-441-278-5406

Senior Vice President, Marketing & Communications

Faye.Cook@awac.com

Source: Allied World Assurance Company Holdings, GmbH