Kansas City, Mo.-based Rockhill Insurance Co. announced on Dec. 3 that it is entering the management & professional liability insurance sector under the leadership of industry veteran Peter McKeegan as senior vice president. Initially, McKeegan will focus on directors & officers liability and professional liability insurance, with additional management and professional liability products to be introduced in the near future. All products will be distributed exclusively through selected wholesale insurance brokerage organizations.
“The current financial crisis has negatively impacted the availability of quality management & professional liability insurance coverage in key sectors,” said Richard Parks, president of Rockhill’s Specialty Division. “We anticipate the demand for product and placement expertise for these specialty coverages will only increase…”
McKeegan has been a recognized expert in the professional liability insurance sector for 25 years, the Rockhill statement said. Over a 15 year career with American International Group (AIG), McKeegan held senior management positions in both home office underwriting management and regional management areas. In addition to his years at AIG, he has been a senior manager at the inception of three start-up insurance operations: Axcelera Specialty Risk; Arch Insurance Group; and most recently IronPro, a division of Ironshore Insurance.
Source: Rockhill Insurance Company
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