Hashtag: #AlliedWorld
Allied World Bermuda Launches New Product
Allied World Bermuda has launched a new Accountable Care Organization [ACOs] liability solution product. The product provides coverage for ACOs which are newly emerging healthcare organizations characterized by a payment and care delivery model that ties provider reimbursements to quality of care metrics and reductions in the total cost of care for... Read more of this article
AWAC Launches New Medical Insurance
Allied World Assurance Company Holdings, which maintains a Bermuda platform, has launched a medical malpractice insurance program for psychiatric nurse practitioners and physician assistants in the field of behavioral health. The latest in a suite of products developed specifically for mental health professionals, this program provides coverage tailored... Read more of this article
Allied World Declares $0.50 Quarterly Dividend
Allied World Assurance Company Holdings, which maintains offices in Bermuda, has approved a quarterly dividend equal to $0.50 per share payable on July 3, 2013 to shareholders of record on June 25, 2013. The company’s transfer agent will make dividend payments in United States dollars. The amount of the payment in Swiss francs will be based on... Read more of this article
Allied World Donates $93,000 To Local Charities
Allied World Bermuda donated $93,250 to local charities at an event held on Friday, May 17. Pegi Croucher, Vice President, Operations and head of the Charity Committee for Allied World Bermuda said, “Allied World was born in Bermuda and we have maintained a strong presence in the local community for the past decade. “We will continue to partner... Read more of this article
Allied World General Casualty Practice Grows
Allied World Assurance Company, Ltd. today [May 28] announced that Allied World Bermuda is expanding its General Casualty practice with the addition of two new Vice Presidents, Kimberly Pursell and Michael Watkins. The General Casualty group is led by Patrick Kenahan, Senior Vice President, Bermuda Branch Manager for General Casualty. Allied World Bermuda... Read more of this article
Allied World Appoints John Patin Senior VP
Allied World Assurance Company Holdings, AG announced today that John Patin has been appointed Senior Vice President, Investments. Mr. Patin will be based in Allied World’s New York office and will report directly to John Gauthier, Chief Investment Officer for the holding company and President of Allied World Financial Services. Mr. Gauthier... Read more of this article
Allied World Offers New UK Liability Coverage
Allied World Assurance Company Holdings — which maintains a major Bermuda platform — announced on Wednesday [May 1] that Allied World Europe now offers primary UK Employers’ Liability coverage in conjunction with its general liability insurance. This combined offering can be bought alongside its property and healthcare liability policies.... Read more of this article
Allied World: 2013 “Off To A Strong Start”
Swiss-based Allied World Assurance Company Holdings, AG — which maintains a major Bermuda platform — reported net income of $159.0 million, or $4.49 per diluted share, for the first quarter of 2013, compared to net income of $218.2 million, or $5.70 per diluted share, for the first quarter of 2012. Operating income was $84.2 million, or... Read more of this article
Allied World Appoints Doran To VP Position
Allied World Assurance Company Holdings, AG — which maintains a major Bermuda platform — announced that Sarah Doran has been appointed Senior Vice President, Investor Relations and Treasurer. She will be based in Allied World’s New York office and will report directly to Thomas the company’s CFO Bradley. Ms Doran assumes investor relations... Read more of this article
AWAC Proposes Quarterly Dividend Increase
Bermuda-based Allied World Assurance Company Holdings, AG announced today that in its recently filed Preliminary Proxy Statement the company’s Board of Directors has proposed an increase in its quarterly dividend from $0.375 to $0.50 per share. The company’s dividend payments will be made from general legal reserve from capital contributions... Read more of this article
Allied World Donates $28,500 To St. John’s
On Thursday, February 21, Allied World presented St. John’s Ambulance with a check for $28,500 to assist with repairs to their ambulances and other medical equipment. Kirsten Faria, Chief Operations Officer for Allied World Bermuda commented, “We are immensely proud to support the efforts of St. John’s. Hundreds of people receive... Read more of this article
Allied World Launches Surety Line Of Business
Allied World U.S. continues to expand its casualty operations with the launch of a new surety line of business, available for clients in the United States. Robert Staples has been appointed Senior Vice President, Surety and will oversee the development of the new department. Mr. Staples will be based in Philadelphia and will report directly to Lou Iglesias,... Read more of this article
