Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched its full suite of financial line coverage in North America.
The products cover commercial management liability, professional indemnity liability and financial institutions.
Commercial management liability products include directors and officers (D&O), cyber, pension trust and employment practices liability for publicly-traded corporations, private companies and not-for-profit entities.
Professional indemnity liability or errors & omissions (E&O) coverage is designed for accountants, lawyers, architects, engineers and contractors.
The firm is providing financial institutions coverage for insurers, banks, investment managers, private equity, hedge funds and broker dealers.
AGCS North America financial lines regional head Paul Schiavone said: "AGCS is one of the few carriers globally offering solutions across the whole spectrum of corporate and specialty risks.
"We are excited to bring our unparalleled technical expertise, customer-driven product portfolio and international network to the U.S. and Canada."
The firm is planning to conduct broker road shows in New York, Chicago, San Francisco and Toronto to offer expert analysis regarding the key exposures, coverages and policy issues affecting the cyber liability market.
The program will also help brokers to examine global landscape of D&O exposures for multinational companies.
Earlier this year, AGCS introduced its suite of financial line insurance products in the US.
Operating in around 160 countries, AGCS offers insurance and risk consultancy services for its customers.