Allied World Assurance Company (US) Inc. has joined forces with CV Starr & Co. in a move which will see the latter offer management liability lines of insurance coverage on behalf of Bermuda-based Allied World to commercial middle market risks.

Included in those are not-for-profit organisations, private and public companies with market capitalisations of $500 million or less.

CV Starr & Co. will market and underwrite a broad portfolio of insurance products, including Directors & Officers (D&O) insurance, employment practices liability, fiduciary liability, outside directorship liability, fidelity and crime insurance, as well as kidnap, ransom and corporate extortion insurance.

"We are excited to broaden our partnership with Allied World and provide our brokers and customers access to quality underwriting and servicing of a broad portfolio of specialty insurance products while providing solutions to their management liability insurance needs," said Jeffrey Hafter, president of CV Starr.

Laurie Banez senior vice-president of CV Starr will serve as its chief underwriter responsible for managing the Allied World programme. Ms Banez has more than 21 years insurance industry experience and prior to joining CV Starr in November 2007, she held various senior leadership positions with several leading management liability insurance carriers.