Allied World Wins Awards for Creative Design at IMCA Showcase Competition

PEMBROKE, Bermuda, July 7 /PRNewswire-FirstCall/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that the company has won several creative design awards at the Insurance Marketing and Communications Association (IMCA) 52nd Annual Showcase Awards Competition held in Atlanta, Georgia on Tuesday, June 29, 2010.

The IMCA is an industry association of insurance communications professionals who specialize in marketing, marketing communications, advertising, sales promotion and public relations, and whose collective membership represents the insurance and financial services industries throughout the United States, Canada, Mexico and Bermuda. The organization represents over 120 companies, including some of the largest property casualty writers, multi-line insurance companies and brokerage firms in the United States, regional and specialty companies, general agencies and prominent industry suppliers.

Allied World received five awards in various categories for support marketing initiatives executed in 2009. Promotional marketing initiatives were primarily managed by Allied World's in-house creative services team, led by Director and lead designer, Thomas Pytel, Jr.

Awards, categories and winning projects include:

• Best of Show - Print Product or Image Advertising/Marketing, In-House B2B: Allied World's U.S. Marketing Promotional Kit, an educational communications piece that highlights the company's domestic insurance capabilities and suite of products.
• Best of Show - Print Product or Image Advertising, In-House B2B: Corporate Print Advertisements produced for sub-brands of Allied World.
• Best of Show - B2B Sales/Marketing/Branding Promotion, Single Item < $20K: Allied World's U.S. Environmental Promotional Marketing Kit, an educational marketing kit that supported the national product launch; designed in conjunction with Wessel Design.
• Best of Show - Creative Development on a Shoestring: A unique Stand-Alone Brochure developed to market Allied World's i-bind® errors and omissions capabilities; designed in-house.
• Award of Excellence - Annual Reports – Publicly Traded: Allied World's 2009 Annual Report; designed by RBK Advertising & Design.

Faye Cook, Vice President, Marketing & Communications, commented, "Allied World is truly honored to receive these awards. As we continue to provide innovative products to the market, the efforts of our award-winning creative services team are an important part of how we differentiate ourselves from the competition."

About Allied World Assurance Company

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions, offering superior client service through offices in Bermuda, Europe, Hong Kong, Singapore and the United States. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company. For further information on Allied World, please visit our website at www.awac.com.

Cautionary Statement Regarding Forward-Looking Statements

Any forward-looking statements made in this press release reflect our current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially from those set forth in these statements. For example, our forward-looking statements could be affected by pricing and policy term trends; increased competition; the impact of acts of terrorism and acts of war; greater frequency or severity of unpredictable catastrophic events; investigations of market practices and related settlement terms; negative rating agency actions; the adequacy of our loss reserves; the company or its subsidiaries becoming subject to significant income taxes in the United States or elsewhere; changes in regulations or tax laws; changes in the availability, cost or quality of reinsurance or retrocessional coverage; adverse general economic conditions; and judicial, legislative, political and other governmental developments, as well as management's response to these factors, and other factors identified in our filings with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We are under no obligation (and expressly disclaim any such obligation) to update or revise any forward-looking statement that may be made from time to time, whether as a result of new information, future developments or otherwise.

SOURCE Allied World Assurance Company Holdings, Ltd