Allied World Announces New (i-bind)® Online Platform for Storage Tank Liability Coverage
ZUG, Switzerland–(BUSINESS WIRE)–
Allied World Assurance Company Holdings, GmbH announced today the launch
of its new (i-bind)® platform for storage tank liability coverage. The
24/7 online portal allows authorized users to quote and bind coverage,
obtain policies and certificates of insurance and submit name changes
for mid-term, new or sold tanks.
With minimum premiums as low as $350, coverage is available for both
underground and aboveground storage tanks for a one-year policy term,
including a dedicated defense limit. Target industries include
convenience stores, gas stations, municipalities, universities, schools,
retail, real estate, industrial and commercial properties, hospitals and
golf courses.
“We are proud to offer the (i-bind)® platform to our valued broker
partners as the online solution to their storage tank coverage needs,”
said Marcel Ricciardelli, Senior Vice President, Environmental Division.
“Our easy-to-use platform will allow users to save a significant amount
of time managing storage tank coverage for their clients. Referrals are
handled in a streamlined and efficient manner, with a dedicated email
address for servicing,” said David Lau, Assistant Vice President,
Environmental Division.
For more information about (i-bind)® for storage tank liability
coverage, please contact David Lau at STi-bind@awac.com
or visit www.STi-bind.com.
About Allied World
Allied World Assurance Company Holdings, GmbH, through its subsidiaries,
is a global provider of insurance and reinsurance solutions. We operate
under the brand Allied World and have supported clients, cedents and
trading partners with thoughtful service and meaningful coverages since
2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we
benefit from a worldwide network of affiliated entities that allow us to
think and respond in non-traditional ways. Our capital base is strong,
our solutions anticipate rather than react to changing trends, and our
teams are focused on establishing long-term relationships that are
mutually beneficial. Learn more about how we can help you manage your
risk by visiting: Web: www.awac.com
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