System aims to improve buying process
Allied World Assurance has launched a new platform to meet multinational companies’ insurance needs.
The platform, Allied WorldWide(SM), is designed to improve the buying process for multinational companies seeking insurance cover for global locations.
The system aims to address a variety of insurance needs, taking account of local legislation, customs and regulations. Customers will have a single point of contact for their cover, with access to global teams of underwriting and claims contacts with expertise in local markets.
The platform will also offer directors and officers (D&O), employment practices liability (EPL), excess casualty, primary foreign casualty, and environmental liability cover.
The scheme is led by Allied World executive vice-president and managing director Todd Germano, who said: “Our multinational offering has been expertly crafted to provide meaningful protection that addresses typical multijurisdictional challenges, such as currency, regulatory, insurance and language differences worldwide.
“Allied WorldWide can serve as the single-source insurance carrier offering one programme that covers several exposures for a client.”
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