ZUG, Switzerland--(BUSINESS WIRE)--Allied World Assurance Company Holdings, AG (NYSE:AWH) announced today that Allied World’s Asia-Pacific platform has launched the Executive ForceField product to provide a new level of protection for company Directors and Officers in the Asia-Pacific region. Executive ForceField provides broad Side A coverage for non-indemnified loss, and is available on either a primary or excess basis.
Ben Howell, Vice President, Head of Professional Lines for Asia-Pacific commented, “The launch of Executive ForceField furthers our commitment to being the leading edge provider of innovative professional liability solutions in the Asia-Pacific region. Executive ForceField offers enhanced protection for company Directors and Officers and should form an integral part of any managerial liability insurance solution.”
“Executive ForceField provides coverage for non-indemnified loss which is broader than typical Directors and Officers liability policies. The policy has an expanded definition of what is considered a loss and offers a range of responses for differences in conditions. Allied World has a long history with this product, making the company the ideal Side A DIC solution provider for its partners and clients.”
For more information on Executive ForceField please contact Ben Howell 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.
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.