TREASURE ISLAND, Fla.,
May 31, 2018 /PRNewswire/
-- Allied Specialty Insurance, Inc. ("Allied"), an XL
Group company, is marking its 35 years of insuring the US
entertainment industry, including carnivals, concessionaires,
amusement parks, waterparks, fairs and festivals, firework events
and family entertainment centers.
According to Mary Chris Smith,
Chairman and President of Allied Specialty Insurance,
Inc., "Allied was created and continues to be operated by
'children of the carnival industry.' We all grew up in this
industry. Having lived it, we have a genuine appreciation of
it and a deep-rooted understanding of the risks that entertainment
operators face every day. Our personal involvement, industry
knowledge and lifetime business relationships are all major
contributors to our success now, and to come."
Founded by Paul 'Duke' Smith and his
son, David Smith, in 1983, Allied
brings a unique background and intimate experience in the carnival
industry to help current operators address their risk management
and insurance needs. Allied provides a full suite of insurance
products to clients in the amusement and entertainment
industry. The company was purchased in 2016 by XL Group
Ltd.
"Through these deep seeded industry roots, the Allied family
knows, loves and is committed to the amusement and entertainment
industry. This is what makes Allied unique and it should never
change," added Ms. Smith. "Of course, we have seen other
changes in the industry over the last three decades. Now, as
part of the XL Group of companies, we can tap into a more diverse
portfolio of underwriting talent, insurance products and resources
that will benefit our clients as their operations change and adapt
to new technologies and new or emerging business risks."
About Allied
Allied is the leading provider of
property and casualty insurance coverage for the amusement and
entertainment industry. Allied's 3,000 clients include carnivals,
concessionaires, amusement parks, waterparks, fairs and festivals,
firework events and family entertainment centers.
About XL Group Ltd
XL Group Ltd (NYSE: XL), through
its subsidiaries and under the XL Catlin brand, is a global
insurance and reinsurance company providing property, casualty and
specialty products to industrial, commercial and professional
firms, insurance companies and other enterprises throughout the
world. Clients look to XL Catlin for answers to their most complex
risks and to help move their world forward. To learn more, visit
www.xlcatlin.com.
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SOURCE Allied Specialty Insurance, Inc.