# ALLIED WORLD ASSURANCE COMPANY > A global provider of specialty insurance and reinsurance solutions, backed by Fairfax Financial Holdings\. ## At a glance | Field | Value | | --- | --- | | Type | Carrier | | Region | EMEA | | Headquarters | Pembroke, Bermuda | | Founded | 2001 | | Stage | Enterprise | | Employees | 1000+ | ## Overview Allied World Assurance Company Holdings, Ltd (AWAC) is a global provider of specialty insurance and reinsurance solutions founded in Bermuda in 2001 in the wake of the September 11 market dislocation. Beginning as a small excess lines specialist, Allied World has grown into an enterprise-scale carrier with approximately 1,400 employees and 26 offices worldwide, operating across North America, Europe, Asia-Pacific, and Latin America. In 2017, Fairfax Financial Holdings Limited completed its acquisition of Allied World for approximately USD 4.9 billion, integrating the company into one of the world's largest insurance holding groups. The acquisition provided Allied World access to Fairfax's worldwide network of affiliated entities, enabling non-traditional approaches to complex and specialty risks. Allied World operates through multiple subsidiaries writing admitted and surplus lines insurance across the US, Europe, Bermuda, and other jurisdictions, as well as through Syndicate 2232 at Lloyd's of London. The company reported approximately USD 26.6 billion in total assets and USD 7.7 billion in total capital, underpinning its financial strength ratings of A+ from AM Best, AA- from Standard & Poor's, and A2 from Moody's. ## Products & services ### Insurance Allied World's insurance segment offers specialty coverage across a broad range of commercial risks: **Key Lines:** **Key features:** - Property and energy \(onshore and offshore\) - Casualty and commercial motor - Construction and engineering - Environmental liability - Crisis management and political risk - Directors and officers \(D&O\) and management liability - Professional indemnity and errors and omissions - Healthcare liability and medical malpractice - Marine and aviation - Workers' compensation - Accident and health - Small\-to\-medium business \(SME\) programs *Distribution:* Programs delivered through admitted and surplus lines subsidiaries and delegated authority partnerships with leading program administrators\. ### Reinsurance Allied World RE provides treaty and facultative reinsurance solutions globally: **Treaty Lines:** **Key features:** - General casualty treaty - Property lines treaty - Professional liability treaty - Marine and aviation treaty - Specialty lines treaty \(Bermuda\-based\) *Distribution:* Direct relationships with ceding carriers; regional solutions across multiple geographic markets\. ### Lloyd's \(Syndicate 2232\) Allied World operates Syndicate 2232 at Lloyd's of London, underwriting specialty risks across global markets. ### FrameWRX \(Cyber Insurance Platform\) A proprietary cyber insurance solution designed to help organizations manage cyber exposure in a complex, evolving environment. Available to US cyber policyholders. **Key features:** - First and third\-party cyber coverage - Optional coverage for Professional and Technology E&O - Pre\-breach risk management services at no additional cost - Simulated phishing assessments \(via Symantec\) with detailed reporting and staff training - Vulnerability assessment, log monitoring consultation, or CISO roundtable workshop \(via Kivu Consulting\) - Dedicated FrameWRX guide to coordinate cyber risk management *Target users:* Commercial organizations seeking integrated cyber risk management alongside insurance coverage ## Links - Website: - Directory profile: - Careers: - Ratings: - Linkedin: - Financials: - Reinsurance: - Us insurance: - Framewrx cyber: --- *Last updated: 2026\-05\-11*