Allied World Assurance Company

About

The story of Allied World Assurance Company began in a moment of critical global need. Founded in November 2001, just weeks after the events of September 11, the company was established in Bermuda by a consortium of investors including AIG, Chubb, and Goldman Sachs. In a market facing a severe shortage of insurance capacity, Allied World emerged to provide essential property and casualty coverage, quickly building a reputation for responsiveness and financial strength. Over the next two decades, the company embarked on a remarkable journey of expansion and diversification. From its roots as a Bermuda-based insurer, Allied World grew into a global provider of insurance and reinsurance solutions, establishing a significant presence in major financial hubs including New York, London, Singapore, and Zug. A pivotal chapter in this narrative occurred in July 2017, when the company was acquired by Fairfax Financial Holdings Limited. Today, operating as a subsidiary of Fairfax, Allied World continues to differentiate itself through a client-centric approach, offering a broad suite of products ranging from professional liability to healthcare and construction insurance, all while maintaining the entrepreneurial spirit that defined its early days.