Allied World launches property line for energy risks in Canadian market

Allied World Assurance Company has launched a property line for energy risks in the Canadian market, the company announced Thursday.

The company launched its initial property and excess casualty offerings for Canada in May. The new team will provide capacity for a wide range of industry classes in the energy space. Dan Fitzpatrick, vice president will lead the business and Jim MacKenzie has also been appointed vice president and will assist with the build-out of the new line, Allied World said in a statement.

“This latest launch is yet another example of our commitment to provide the most comprehensive coverage for our insureds,” Gord Kerr, senior vice president, chief agent Canada branch manager commented in the release. “Dan and Jim are well known players in the space and I look forward to working with them personally on the build-out of this line.”

Prior to joining Allied World, Fitzpatrick was most recently regional vice president for Energy and Technical Risk at Arch Canada. He has almost 30 years of experience in the industry and holds a degree in chemical engineering from McGill University.

MacKenzie also joins Allied World from Arch Canada where he was a vice president for Energy and Technical Risk. He has almost 40 years of varying experience in the industry on both the carrier and broker sides.