Allied World Unveils PEO Employment Practices Liability Product
The product provides PEOs with necessary coverage for employment related exposures, including discrimination based on race, color, religion, sex, age and national origin
Allied World Assurance (US), a member company of Allied World Assurance Company Holdings, has launched Professional Employer Organization (PEO) Employment Practices Liability product.
Reportedly, the product is specifically designed for PEOs. It provides them and their client companies with necessary coverage for employment related exposures, including discrimination based on race, color, religion, sex, age and national origin, discrimination on the basis of a disability as well as sex-based wage discrimination.
Gordon Knight, president of Allied World US, said: “In these tough economic times, employers need to wisely choose where they spend their money. Many companies cost effectively outsource to PEOs the management of their human resources, employee benefits, payroll and workers' compensation insurance. Our Professional Employer Organization Employment Practices Liability product, combined with comprehensive risk management services, gives PEOs and their clients another critical insurance product.”
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Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
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