Allied World

On 1/4/2015 – Allied World Assurance Company Holdings, AG (NYSE: AWH) acquired the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc ("RSA").

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 its Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch.

Since its inception in 2001 Allied World has built its success on designing risk transfer products that meet the diverse requirements of its clients.

With 19 offices serving customers around the world, Allied World sees itself as deploying a strategy that it allows it to be entreprenneurial, yet financially secure.

360° Business Protection is designed to cover all your insurance needs in running your business. The Allied World 360 degree package offers entrepreneurs the best protection at the best rates. The 360 product is available to protect you in an office environment and as well if you have a retail/wholesale shop or clinic to insure.

Additional cover limits and extensions are tailor-made for a broad range of trades and businesses, whether you have single or multiple locations.

Download all as zip

To search the list of network doctors - click here -> Allied World Medical Network Link

NOTE: The Medical Card is absolutely imperative for your helper to receive treatment

MaidGuard is Allied World’s Domestic Helper product that covers:

  • Your legal liabilities as an employer and
  • Your helper’s routine outpatient claims via a cashless medical network
  • HKD80,000 pa in inpatient benefits
  • Health Checks and flu jabs at a discounted rate

Important points to note include:

  • Local (permanent) residents and part time helpers are excluded from both the Personal Accident and medical benefits.
  • There is a 15 day waiting period when cover is first taken (for each helper). In this period there is NO cover for medical benefits.
  • Outpatient network visits are restricted to ONE visit per day.
  • Medical benefits and Personal Accident benefits are only provided until age 59
  • Preexisting conditions are NOT covered, neither are any form of pregnancy expenses.
  • Employees Compensation cover is only available in HK. If your helper is traveling outside HK, you will need to have the policy endorsed to include overseas travel. This is a common requirement of all insurers we know.
  • THERE IS NO OUTPATIENT COVER IF YOU GO TO A DOCTOR OUTSIDE THE NETWORK.

Allied World offers a number of Medical Malpractice products covering:

  • Physicians and Surgeons
  • Hospitals
  • Managed and elderly care facilities
  • Other Miscellaneous medical facilities

Allied World also offers managed care 'Errors and Omissions" (E&O) cover for the managed care segment of the healthcare industry. This is achieved in part by having a very broad definition of what consitutes "managed care facilities" and as well, the way in which 'the Insured" is defined.

Currently Allied World offers up to USD25m in cover for such risks.

Allied World’s IMI/Venture Capital Insurance protects investment:

  • fund managers and
  • venture capital firms

as they perform their daily business activities.

Tailored to the specialized needs of investment managers and firms, Allied World's comprehensive coverage helps ensure that you are protected against claims alleging:

  • breach of duty,
  • neglect, and
  • misstatements.

Allied World underwrites small entities through to global corporations and large partnerships across all industry groups

Unusual in today's turbulent marketplace, Allied World is keen to do business with companies that are subject to United States securities law through American Depository Receipt (ADR) facilities!

Trade Credit and Political Risks

Allied World offers short and medium-term credit and political risk insurance targeting:

  • Exporters
    • Non-payment coverage for short-term and medium-term exports to both private and public sectorbuyers. Policies can be written for both one-off transactions and for multi-buyer programs.
    • Pre-shipment coversare available to protect you in canse you have long lead times against the insolvency of the buyer and various political risks which may render contractual performance impossible.
  • Importers
    • Our cover extends to Non-payment and non-performance in respect of advance payments and pre-financings that have been made to foreign suppliers.
    • Policies can be written to cover both short and medium-term imports and can be issued to one supplier or in fact, many different suppliers.
  • Fnancial institutions
    • Non-payment for both short-term and medium-term trade and export finance to both private and public sector buyers.
    • Structured commodity finance transactions.
    • Lender’s Interest coverage for both project and investment assets which protect against the failure or inability of the borrower to repay the loan as a result of various political perils.
  • Contractors
    • Contract Repudiation and Unfair Calling of Guarantee Cover.
  • Investors.
    • Permanent Investments – Coverage is available for companies investing in foreign markets against confiscation, expropriation, nationalization or deprivation; loss caused by forced abandonment, forced divestiture, war, strikes, riots and civil commotion; and the risk of inability to convert and transfer earnings or principal from the investment.
    • Mobile Assets – Cover for mobile assets such as vehicles, plant and machinery, stocks of commodities etc. caused by loss due to perils as outlined above for permanent investments.

PRODUCT FEATURES

Coverage is offered for the risks of:

  • Non-Performance
  • Unfair Calling of Guarantee
  • Political Force Majeure
  • Non-Payment

LIMITS

Up to $25 million per Obligor/Guarantor and for credit terms of up to five years.

NOTE: No classes of business are excluded!

Allied World’s private motor insurance is an all-in-one private car insurance package providing round-the-clock protection, including a suite of free extra benefits.

Comprehensive cover

  • Protects you against not only Third Party risks, but also loss of or damage to your car due to collision, fire, theft or other accidents.

Third party cover

  • Protects you against legal liability for causing Third Party’s death or bodily injury up to HK$100 million, and property damage up to HK$2 million.

Free extra benefits

No claim discount (NCD) protection

No matter how many claims you make, if the total amount claimed within one policy year does not exceed HK$80,000 or 20% of the estimated car value (whichever is less), your NCD will be maintained if you renew with us. You can enjoy immense savings over the years.

No limit on windscreen, window glass and roof glass claim frequency (nil excess)

Repair or replacement of windscreen, window glass and roof glass is covered up to HK$5,000 per accident, with no limit on claim frequency. Not only is there no excess, your NCD will also not be affected.

Special cover for brand new car

  • New for old – You will be compensated with a new car of the same grade if your car is less than one year old and sustains a total loss or is damaged beyond economical repair.
  • Waiver of depreciation on repairs – You will not be charged for any depreciation on spare parts which need replacement if your car is less than one year old.

Free choice of repairers

You are free to select any garage for repairs – even dealer workshops!

Free personal accident cover for named drivers

We provide HK$100,000 cover for bodily injury sustained by any of the named drivers due to an accident which results in death or permanent total disablement.

Medical expenses

We will pay up to HK$2,000 per accident towards medical expenses incurred by the named driver and passenger(s) resulting from an accident.

Replacement car service*

If your car is stolen and not found within 48 hours, or requires repairs after an accident for more than 48 hours, our assistance service shall arrange and pay for a replacement car. You will be paid car rental costs of up to HK$5,000 per accident (subject to a daily limit of HK$1,000).

Claims recovery service

In the event of an accident caused by the Third Party’s fault, we offer claim recovery services to pursue recovery for your excess losses.

24-hour assistance services**

We offer emergency towing, roadside repair, traffic regulation enquiry and claims enquiry services.

Premium

Premium depends on the type of motor car, your age and your driving experience, etc. For a competitive quotation, please contact :

Mr Robin Brown robin.brown@navigator-insurance.com Tel 2530 2530

Download all as zip

claim details

underwriting details

comparison details

About Us
Our Services
Our Staff
Terms & Conditions
US Website

Get a Quote

Types of Insurance

Insurers

Group Insurance

Comparisons

Contact Us
Email: crew@navigator-insurance.com
Call: +852 2530 2530
Fax: +852 2530 2535

A Message From our CEO

Address:
Navigator Insurance Brokers Ltd
Unit E, 8/F Golden Sun Centre
No. 59-67 Bonham Strand West
Sheung Wan, Hong Kong