Allied World Launches Suite of Trade Credit & Political Risk Insurance Products in Canada
OREANDA-NEWS. February 15, 2016. Allied World Assurance Company Holdings, AG (NYSE:AWH) announced today that its suite of Trade Credit & Political Risk insurance products are available in Canada, as part of the Global Crisis Management Division. This coverage helps clients mitigate the risk of non-payment due to customer insolvency, protracted default and/or international political risk.
This product helps provide certainty around a company’s balance sheet by protecting accounts receivable against customer default with competitive and customizable policy features.
Todd Germano, Executive Vice President, Head of the Global Crisis Management Division, commented, “We’re pleased to bring this important coverage to the Canadian market. Our specialized approach allows us to craft solutions on a structured or short-term basis, tailoring coverage to meet client needs.”
Kent Paisley, Senior Vice President, Global Crisis Management Division, commented, “As global economies become more complex and interconnected, it’s prudent for companies to protect their balance sheets from the risk of non-payment and other critical financial risks.”
Mr. Paisley, an industry veteran with over 25 years of trade credit insurance experience, leads this product group and will serve Canada from Allied World’s Toronto offices.
For more information on Allied World’s trade credit offerings for Canada, please contact Kent Paisley at email@example.com.
About Allied World
Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers 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 AA- by Fitch.
Cautionary Statement Regarding Forward-Looking Statements
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