Allied World U.S. and The Mechanic Group, Inc. Launch Primary and Excess Liability Insurance Program for Security Guard,

   Allied World U.S. and The Mechanic Group, Inc. Launch Primary and Excess
  Liability Insurance Program for Security Guard, Electronic Security-alarm,
                      Investigation and Related Services

PR Newswire

ZUG, Switzerland, Jan. 30, 2013

ZUG, Switzerland, Jan. 30,2013 /PRNewswire/ -- Allied World Assurance Company
Holdings, AG(NYSE:AWH) announced today that Allied World U.S. and The
Mechanic Group, Inc. have entered into an agreement to provide primary and
excess liability insurance products to security guard, electronic
security-alarm and investigation firms. The program, subject to underwriting,
will also consider security training schools, security consultants, building
maintenance and intelligence firms. Available nationwide, this program
delivers a liability insurance product that combines general and professional
liability into one convenient policy form.

Grace Meek, Senior Vice President, U.S. Programs, stated, "The Mechanic Group
has been a leader in providing comprehensive insurance coverage for the
private security and investigation industry for more than 24 years. The firm
delivers a superior level of service based on the partners' extensive
knowledge of the industry and a strong commitment to their clients. We look
forward to working with them and the rest of The Mechanic Group team to build
out this book of business."

"We are excited to offer a primary and excess liability insurance product with
the same insurer to our clients. This is another important step in our
commitment to continually upgrade our level of service and insurance
programs," said Marc Katz, a Principal at The Mechanic Group. "Allied World
is a terrific insurance company with expertise, intellectual capital and
integrity at every level of its organization. We could not be happier with
our relationship going forward with Allied World and its team."

For more information on this program, please contact Marc Katz at
1.800.214.0207, ext. 105 or mkatz@mechanicgroup.com

About Allied World Assurance Company
Allied World Assurance Company Holdings, AG, through its subsidiaries, is a
global provider of innovative property, casualty and specialty insurance and
reinsurance solutions, offering superior client service through a global
network of offices and branches. All of Allied World's rated insurance and
reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard &
Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by
Standard & Poor's and Fitch. Please visit www.awac.com for further information
on Allied World.

About The Mechanic Group

For more than twenty years, The Mechanic Group has specialized in delivering
custom-built insurance programs to Security Guard, Private Investigative,
Background Screening and Alarm & Electronic Security firms. They are the
leading risk management partner to the private security and investigative
community.

Cautionary Statement Regarding Forward-Looking Statements
Any forward-looking statements made in this press release reflect our current
views with respect to future events and financial performance and are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such statements involve risks and uncertainties, which
may cause actual results to differ materially from those set forth in these
statements. For example, our forward-looking statements could be affected by
pricing and policy term trends; increased competition; the impact of acts of
terrorism and acts of war; greater frequency or severity of unpredictable
catastrophic events; negative rating agency actions; the adequacy of our loss
reserves; the company or its subsidiaries becoming subject to significant
income taxes in the United States or elsewhere; changes in regulations or tax
laws; changes in the availability, cost or quality of reinsurance or
retrocessional coverage; adverse general economic conditions; and judicial,
legislative, political and other governmental developments, as well as
management's response to these factors, and other factors identified in our
filings with the U.S. Securities and Exchange Commission. You are cautioned
not to place undue reliance on these forward-looking statements, which speak
only as of the date on which they are made. We are under no obligation (and
expressly disclaim any such obligation) to update or revise any
forward-looking statement that may be made from time to time, whether as a
result of new information, future developments or otherwise.

SOURCE Allied World Assurance Company Holdings, AG

Website: http://www.awac.com
Contact: Media: Faye Cook, Vice President, Marketing & Communications,
+1-441-278-5406, faye.cook@awac.com; Investors: Keith J. Lennox, Investor
Relations Officer, +1?646?794?0750, keith.lennox@awac.com
 
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