ZUG, Switzerland, Jan. 30, 2013 /PRNewswire/ -- Allied World Assurance Company Holdings, AG (NYSE: AWH) announced today that Allied World U.S. and The Mechanic Group, Inc. have entered into an agreement to provide primary and excess liability insurance products to security guard, electronic security-alarm and investigation firms. The program, subject to underwriting, will also consider security training schools, security consultants, building maintenance and intelligence firms. Available nationwide, this program delivers a liability insurance product that combines general and professional liability into one convenient policy form.
Grace Meek, Senior Vice President, U.S. Programs, stated, "The Mechanic Group has been a leader in providing comprehensive insurance coverage for the private security and investigation industry for more than 24 years. The firm delivers a superior level of service based on the partners' extensive knowledge of the industry and a strong commitment to their clients. We look forward to working with them and the rest of The Mechanic Group team to build out this book of business."
"We are excited to offer a primary and excess liability insurance product with the same insurer to our clients. This is another important step in our commitment to continually upgrade our level of service and insurance programs," said Marc Katz, a Principal at The Mechanic Group. "Allied World is a terrific insurance company with expertise, intellectual capital and integrity at every level of its organization. We could not be happier with our relationship going forward with Allied World and its team."
For more information on this program, please contact Marc Katz at 1.800.214.0207, ext. 105 or firstname.lastname@example.orgAbout Allied World Assurance CompanyAllied World Assurance Company Holdings, AG, through its subsidiaries, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions, offering superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and Fitch. Please visit www.awac.com for further information on Allied World. About The Mechanic Group For more than twenty years, The Mechanic Group has specialized in delivering custom-built insurance programs to Security Guard, Private Investigative, Background Screening and Alarm & Electronic Security firms. They are the leading risk management partner to the private security and investigative community.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV