Allied World Assurance Company Holdings announced Allied World Europe has launched a new Marine insurance line of business.

Bart Grefe has been appointed Vice President, Marine Underwriting Manager, to lead the team.

Mr. Grefe will be responsible for building the line of business and developing a comprehensive Marine product suite. The team will initially focus on establishing a Marine Cargo offering, which will be underwritten through the company's Lloyd's Syndicate 2232 on the 2014 year of account. Additional marine classes such as Marine Liability and Fine Art & Specie will be added in the future, pending regulatory approval.

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