# Allianz Global Corporate & Specialty

## Large Accounts Center
**New York Office**

### BINDER
**Excess/Excess Umbrella**

**Date:** May 20, 2019
**Binder Number:** 161453

**To:** Tim Neumeyer
**Phone No.:** (212)479-3246
**Fax No.:**
**Email:** Timothy.Neumeyer@aon.com
**Name:** Aon Risk Services Northeast Inc.
**Address:** One Liberty Plaza New York, NY 10006

**From:** Calista Allen
**Tel:** (646) 949-2014
**Email:** calista.allen@agcs.allianz.com

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**Binder For:** International Business Machines Corporation
**Policy Period:** May 21, 2019 to May 21, 2020
**Assigned Policy Number:** USL00197719
**Type:** New

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Dear Tim,

Thank you for the order to bind. Please review the following and advise if you have any questions.

**Company:** Allianz Global Risks US Insurance Company, licensed and admitted in all 50 states, A.M. Best Rating "A+ XV", Standard & Poor's Rating "AA".
**Policy Period:** May 21, 2019 To May 21, 2020 12:01 A.M. Standard Time at the Address of the Named Insured

**Limit of Liability:**
- Each Occurrence: $50,000,000 part of $100,000,000
- Aggregate: $50,000,000 part of $100,000,000 Where Applicable

**Underlying Limits:**
- Total Underlying Excess: $100,000,000 Each Occurrence
- Controlling Underlying Policy: $50,000,000 Each Occurrence
- ACE Property and Casualty Insurance Company: $50,000,000 General Aggregate

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**New York Office**
28 Liberty Street
37th Floor
New York, New York 10005
Phone: 646-472-1500
Fax: (212) 524-9362
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