Allied World Bermuda has launched something it calls Constellation — a suite of five excess casualty coverage enhancements combined into one package that complements its current portfolio of excess casualty products. The enhancements, the company says, will be added to follow-form occurrence policies issued by the Bermuda branch of Allied World Assurance Company Holdings, AG.“Allied World is committed to providing innovative products and services in the markets where we conduct business globally. We continue to refresh our product suite to help our trading partners and clients adjust to the ever-evolving risks they face.“Constellation was developed in response to requests from clients as well as brokers, and this package of enhancements addresses many of the coverage gaps that exist in current excess casualty products,” said Mike Hoffmann, chief underwriting officer, Bermuda & international insurance.Constellation provides the following enhancements:Uni-Wrap — provides comprehensive protection against punitive damages in the follow-form occurrence market by addressing the coverage gaps in traditional excess towers.Affirmative Punitive Damages — provides punitive damages coverage on an affirmative basis above a retention, regardless of underlying insurance tower’s coverage of punitive damages.Defense, Assistance & Cooperation Provision — provides drop-down, duty-to-defend after an underlying duty-to-defend insurance tower is exhausted.Payment of Loss Provision — recognises the reduction of underlying limits in the event the insured has self-funded an underlying layer, e.g. underlying carrier insolvency. Allied World will not drop down, but it will recognise amounts paid by the insured for covered loss.Business Continuity Protection — provides a policy extension in the event a natural disaster prevents communications between the insured and their broker or Allied World.