2 May 2014News

Allied World Europe to launch new business line

Allied World has announced that its European division will launch a new onshore construction insurance segment.

Alf Müller has been appointed senior vice president to lead the team. He will be responsible for building the line of business and developing a comprehensive onshore construction product suite.

Julian James, president of Allied World Europe, comments, “As the global economy develops, companies are once again expanding their operations. In particular, the European construction market is showing signs of revitalization, providing a tremendous amount of opportunity for growth in the sector. Specialty risks, such as onshore construction, require technical expertise. Alf has over 20 years of experience in the construction market and his breadth of knowledge and reputation will be a great asset as we look to build-out this book of business.”

Prior to joining Allied World, Müller was most recently energy & property manager for Europe at AIG, with over 20 years of insurance industry experience specifically in the energy and construction markets.

James added, “Over the past several months, we have been expanding our primary product offerings throughout Europe to accommodate the continually evolving needs of our insureds. This latest launch affirms our commitment to offering sophisticated products and services to meet the latest risks in the market.”