ZUG, Switzerland--(BUSINESS WIRE)--Allied World Assurance Company Holdings, GmbH announced today the launch of the ForceField® Investment Management policy, offering blended protection for the complex management and professional liability exposures facing the asset management industry. This comprehensive protection includes coverage for Investment Advisor Professional Liability, Directors & Officers Liability, Entity Liability, Fund Liability (for both registered and unregistered funds), General Partnership Liability, Employment Practices Liability and Fiduciary Liability.
“Allied World is pleased to offer protection for the management and professional liability exposures facing asset managers and funds,” said Christian Gravier, President, North American Professional Lines division. “This is an important next step as we continue our build-out of capabilities for financial institutions in the United States.”
“Due to the unique composition of asset management firms, our policy is designed so that the coverage parts desired can be purchased in combinations selected by the insured,” said Marc Berner, Vice President, Financial Institutions. “Our broad appetite includes investment advisors, registered mutual funds and unregistered funds, including hedge funds, venture capital funds, private equity funds, real estate investment funds and other alternative investment funds.”
About Allied World
Allied World Assurance Company Holdings, GmbH, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world