Allied World’s Financial Institutions team provides a full range of insurance products to clients across the globe, protecting businesses and their management against financial loss. The underwriting team is experienced and has extensive knowledge of the insurance market, business classes and geographic regions. Allied World’s disciplined and long-term underwriting approach has resulted in Allied World being regarded as a committed insurance partner within the industry. Claims are serviced in-house, by highly qualified claims practitioners who possess excellent knowledge and deliver exemplary service levels. The financial strength, in-depth experience and commitment to service, all combine to make Allied World a prominent player in the Financial Institutions space.
Products
- Professional Indemnity / Civil Liability
- Fidelity / BBB
- Directors and Officers Liability
- IMI/Blended
- Lead and Excess DIC Side A D&O (Executive Forcefield®)
- Public Offering of Securities Insurance (POSI)
- Fiduciary
- Employment Practices Liability (EPL)
- Pension Trustees Liability
Capacity
- $25M or equivalent currency
Target classes
- Companies of any size in the commercial sector
- Asset managers
- Alternative investment managers
- Commercial banks
- Retail and challenger banks
- Private banks
- Insurance companies
- Exchanges, depositories and clearing houses
- Corporate finance houses
- Property fund managers
- Funds
- FinTech
Territories
- We are able to consider all non-US domiciled companies, including those with US exposure.
Underwriting strategy
- Appetite to write both primary and excess layers
- Building strong partnerships with brokers and clients
- Delivering excellent underwriting and claims service
- Providing meaningful and stable capacity for all financial institutions product lines
- Working with brokers to ensure coverage is in line with local markets
Financial strength
Allied World’s Lloyd’s Syndicate 2232 benefits from the ratings assigned to the Lloyd’s market: A+ (Superior) from A.M. Best, AA- (Very Strong) from Standard & Poor’s and AA- (Very Strong) Fitch ratings. In addition, we are part of the Lloyd’s chain of security and as a result all policies written by Syndicate 2232 are backed by the Lloyd’s central fund.
Coverage is subject to the satisfaction of applicable regulatory licensing requirements and will be provided through appropriately licensed insurance intermediaries. Actual coverage may vary and is subject to policy language as issued. Risk management services are provided by or arranged through AWAC Services Company (Ireland) Limited, a member company of Allied World. Coverage will be underwritten by Allied World Syndicate 2232, including EU/EEA business that will be underwritten by Lloyd’s Insurance Company S.A. (Belgium) and fully ceded to and reinsured by Allied World Syndicate 2232. Syndicate 2232 is managed by Allied World Managing Agency Limited, which is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The Lloyd’s market is rated “AA-” (Very Strong) by Standard & Poor’s and “AA-” (Very Strong) by Fitch Ratings. © 2025 Allied World Assurance Company Holdings, Ltd. All rights reserved.