Allied World Introduces New ForceField® Investment Management Policy
ZUG, Switzerland–(BUSINESS WIRE)–
Allied World Assurance Company Holdings, GmbH announced today the launch
of the ForceField® Investment Management policy, offering blended
protection for the complex management and professional liability
exposures facing the asset management industry. This comprehensive
protection includes coverage for Investment Advisor Professional
Liability, Directors & Officers Liability, Entity Liability, Fund
Liability (for both registered and unregistered funds), General
Partnership Liability, Employment Practices Liability and Fiduciary
Liability.
“Allied World is pleased to offer protection for the management and
professional liability exposures facing asset managers and funds,” said
Christian Gravier, President, North American Professional Lines
division. “This is an important next step as we continue our build-out
of capabilities for financial institutions in the United States.”
“Due to the unique composition of asset management firms, our policy is
designed so that the coverage parts desired can be purchased in
combinations selected by the insured,” said Marc Berner, Vice President,
Financial Institutions. “Our broad appetite includes investment
advisors, registered mutual funds and unregistered funds, including
hedge funds, venture capital funds, private equity funds, real estate
investment funds and other alternative investment funds.”
For more information, go to our webpage
or contact Marc Berner at Marc.Berner@awac.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
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