OREANDA-NEWS. Allied World Assurance Company Holdings, AG announced today that Allied World North America has introduced an updated policy for insurance agents and brokers with expanded definitions and coverage.

“We have been committed to our insurance agency clients for many years. This improved product offers our clients updated coverage and retains the flexibility to customize their professional lines coverage to meet their specific needs,” commented Al Fantuzzi, Senior Vice President of North American E&O Division at Allied World.

“The insurance agents E&O industry is constantly evolving, especially as the use of technology increases. This new product and the related services provide coverage designed to protect insureds in the current environment,” said Michelle Girardin, Vice President, E&O Division at Allied World.

The revised product will also include Privacy and Network Security (SRVS) coverage with provisions specifically addressing those exposures.