Allied World Assurance Company Holdings announced that Allied World North America has added a new product to its ForceField suite of professional liability products.
This new directors & officers (D&O) and corporate liability policy will be available for US-based publicly-traded companies and addresses a wide range of liability exposures currently facing corporations and their executives including coverage for, Pre-Claim Inquiry Costs, Facilitation Costs, Liberty Protection Costs, Crisis Event Coverage, E-Discovery Services.
Tom Kennedy, Senior Vice President, Public D&O Product Line Manager, commented, "In the current regulatory environment, companies and executives face a host of new risks and challenges. Our comprehensive primary D&O product offers the highest level of personal protection. Our goal is to help our insureds both understand and mitigate their exposures at the onset of their relationship with us."
Primary limits are available up to $25m.
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.