Allied World // FrameWRXSM (“FrameWRX”), a prescriptive and
proactive cyber risk management solution designed to empower companies
to address exposure head on, is now available as a fee-based risk
management resource to all of our U.S. policyholders. This offering,
previously only available to Allied World’s Privacy//403 SRVSSM
cyber policyholders, is pre-packaged into three convenient and cost
effective options that work for many different types of organizations.
This award winning* cyber risk management platform offers services
designed to enhance an organization’s cyber security preparedness and
ability to respond to an event. Through dedicated FrameWRX personnel,
Allied World U.S. policyholders are guided through a host of risk
management solutions, allowing organizations to build knowledge of their
current privacy and network security posture, and enabling them to work
with a select group of vendors to improve in those areas most relevant
to them.
Lou Iglesias, President of Allied World North America, commented “We’re
excited to broaden the scope of the FrameWRX offering by making it
accessible to all of our U.S. policyholders. This is an example of our
continued commitment to providing our customers with innovative services
to help manage their risk.”
Christian Gravier, President of Professional Lines for North America,
commented “The outpouring of positive feedback from customers was a key
factor in our decision to expand the availability of the FrameWRX
platform. Organizations of all sizes are in need of cyber risk
management, and FrameWRX provides clients guided access to a variety of
information, tools and services.”
*Winner of the 2016 Business Insurance Innovation Award.
For more information about FrameWRX, please contact: AWFrameWRX@awac.com
or call 844.FOR.FWRX.
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.
Please visit the following for further information on Allied World: Web: www.awac.com
| Facebook: www.facebook.com/alliedworld
| LinkedIn: https://www.linkedin.com/company/allied-world
Cautionary Statement Regarding Forward-Looking Statements
Any forward-looking statements made in this press release reflect our
current views with respect to future events and financial performance
and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such statements involve risks
and uncertainties, which may cause actual results to differ materially
from those set forth in these statements. For example, our
forward-looking statements could be affected by pricing and policy term
trends; increased competition; the adequacy of our loss reserves;
negative rating agency actions; greater frequency or severity of
unpredictable catastrophic events; the impact of acts of terrorism and
acts of war; the company or its subsidiaries becoming subject to
significant income taxes in the United States or elsewhere; changes in
regulations or tax laws; changes in the availability, cost or quality of
reinsurance or retrocessional coverage; adverse general economic
conditions; and judicial, legislative, political and other governmental
developments, as well as management's response to these factors, and
other factors identified in our filings with the U.S. Securities and
Exchange Commission. You are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date on
which they are made. We are under no obligation (and expressly disclaim
any such obligation) to update or revise any forward-looking statement
that may be made from time to time, whether as a result of new
information, future developments or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160405006243/en/
Copyright Business Wire 2016