Allied World Assurance Company Holdings, AG announced today that Allied World North America has launched Privacy//403 SRVS? PRO, the latest product in Allied World North America's suite of E&O products. Privacy//403 SRVS PRO builds on the Specified Response Vendor Solution platform through the addition of professional services coverage.Privacy//403 SRVS PRO is specifically designed for middle and large market companies that provide technology, consulting and other professional services across hundreds of industry classes and sub-classes. The combined coverage eliminates the need to obtain separate policies for exposures that can be appropriately addressed on a single policy, and aims to eliminate potential coverage gaps associated with a multi-form approach. The policy includes tailored professional services coverage that is intended to blend seamlessly with our full form privacy and network security language. Allied World's Privacy//403 SRVS? PRO provides clients with flexible professional services coverage options and turnkey data breach response from top industry vendors, all on a single form.
Josh Ladeau, Practice Lead - Privacy & Network Security, Professional Services for Allied World North America commented, "Last April, Allied World launched Privacy//403 SRVS, the first form to utilize our new SRVS model. We are thrilled to announce the next form iteration on our SRVS platform: Privacy//403 SRVS PRO, a product that adds professional services coverage into our already robust privacy offering. Generally, traditional professional services policies do not appropriately address privacy exposures inherent to the rendering of professional services. Privacy//403 SRVS PRO was specifically designed with our partners and clients in mind to provide a simplified, holistic approach to professional services and privacy exposures."
For more information on Privacy // 403 SRVS PRO, please contact Josh Ladeau, Practice Lead - Privacy & Network Security, Professional Services at (860) 284-1654 or joshua.ladeau@awac.com, or visit our website at www.privacy403.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.