Allied World Europe Announces Enhancements to Professional Liability Products

Allied World Europe has enhanced its suite of professional liability products to include primary capabilities. The new offering, Allied World Secure(SM), consists of five distinct products which cover a broad range of primary and excess liabilities, including Allied World Secure Warranty & Indemnity Insurance, Allied World Secure Professional Indemnity, Allied World Secure Directors & Officers Liability, SME 360 and Executive ForceField ‘Side A’ DIC.

Gary Lill, senior vice president and head of Allied World Europe’s Professional Lines division, commented, “Allied World has underwritten professional liability products in the London marketplace for almost a decade and has built a solid reputation for our consistency of approach, and responding to clients’ needs quickly and nimbly. We are continually looking at ways to service the evolving needs of our insureds. With all of our product lines now written on a primary and excess basis, we are able to offer coverage for the multitude of exposures that face both public and private companies ranging in size from small enterprises to multinational organizations.”

Ed Moresco, senior vice president, Bermuda and International Product Line Manager, Professional Liability, commented, “Expanding our primary capabilities within the Professional Lines book of business in Europe is a natural evolution of our global underwriting strategy as we currently write primary business in the United States, Bermuda and Asia. Allied World Secure provides brokers and clients with a range of products to address their primary and excess liability needs, all from one insurer.”

Source: Allied World