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Member, Beacon International Group, Ltd.
Allied World Assurance Company Holdings A.G. has launched its initial property/casualty offering in the Canadian market.
Gord Kerr, senior vice president, chief agent and branch manager at Allied World, will lead the build‐out of these lines and will be responsible for their production, profitability and distribution, the Zug, Switzerland-based insurer said in a statement Tuesday.
“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,” Mr. Kerr said in the statement. “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.”
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, according to the statement.
The new excess casualty team will underwrite a range of classes on either the lead umbrella or excess layer, the insurer said. Allied World's Strategic Response program and other risk management services will be available for policyholders.
“Canada is an important territory for Allied World, and we continue to provide our trading partners and clients with innovative products,” Bobby Bowden, executive vice president and chief marketing officer for Allied World, said in the statement.