The company says it will write direct insurance in Switzerland, focusing on professional indemnity; directors and officers; warranties and indemnity insurance; and general casualty. Allied World's reinsurance segment, which has underwritten business out of the Zug branch of its European reinsurance company since September 2008, now is authorized to commence writing treaty agreements both in Switzerland and abroad, through the new Swiss company.
Allied says coverages offered will include property; general casualty; environmental liability; employers liability and workers compensation; accident and health; motor; professional and management liability; representations and warranties; contingency; credit and surety; burglary and theft; political risks; fidelity and crime; agriculture; engineering; cyber and technology; advertising and media liability; tax opinion and loss mitigation; sabotage and terrorism; aviation; and marine products.
