This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Allied World U.S. And The Mechanic Group, Inc. Launch Primary And Excess Liability Insurance Program For Security Guard, Electronic Security-alarm, Investigation And Related Services

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

About 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 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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs