Zug, Switzerland – 28 May 2014 - Allied World Assurance Company Holdings, AG has opened a new branch office of Allied World Assurance Company, Ltd in Sydney, Australia to further expand distribution networks in the Asia Pacific region. The new branch office will initially offer general insurance products. William Cotter, Executive Vice President, Asia Pacific Division, has been appointed to oversee the build-out of the branch and is now resident in Sydney.
William Cotter commented, “There is tremendous potential for growth in the Asia Pacific region. Our new office in Sydney will allow for greater proximity to our trading partners and clients, and we look forward to working with them to build out a first-class offering.”
Frank D’Orazio, President, International Insurance added, “Allied World has been successful in both the Hong Kong and Singapore marketplaces by offering exemplary service and innovative risk solutions to our clients. We expect that our new Sydney branch will allow us to continue to advance that momentum in Australia.”
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.
Source: Allied World Assurance Company Holdings, AG