Allied World Europe Launches Primary Employers' Liability Coverage; Further
Expands Primary Capabilities in Europe
ZUG, Switzerland, May 1, 2013
ZUG, Switzerland, May 1, 2013 /PRNewswire/ -- Allied World Assurance Company
Holdings, AG (NYSE: AWH) announced today that Allied World Europe now offers
primary UK Employers' Liability coverage in conjunction with its general
liability insurance. This combined offering can be bought alongside its
property and healthcare liability policies. The principal industries and
sectors for this product are retail, manufacturing companies, consumer
products, defence contractors, hotels and leisure.
Anthony Kashuba, Senior Vice President, General Casualty, commented, "The
addition of employers' liability coverage allows us to offer comprehensive
coverage to our clients. Risk management and claims service are key elements
to our underwriting approach. We look forward to working with new and existing
clients and brokers."
Mike Hoffmann, Chief Underwriting Officer, Bermuda & International Insurance,
added, "We continually review our product offerings and are delighted to
expand our capabilities by providing employers' liability cover. This
additional product addresses a coverage gap that currently exists within our
product suite and ensures we align ourselves with local market requirements. "
For more information about our new Employers' Liability capabilities, please
contact Anthony Kashuba at email@example.com .
About Allied World
Allied World Assurance Company Holdings, AG, through its subsidiaries and
brand known as Allied World, is a global provider of innovative property,
casualty and specialty insurance and reinsurance solutions. Allied World
offers 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 the following for further information on Allied World: Web:
www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn:
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
Media: Noelle Campbell, +1-646-794-0544 firstname.lastname@example.org OR
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