U.S. Risk Pro, a division national MGA and surplus lines wholesaler U.S. Risk Insurance Group, Inc., and Western World Insurance Group have launched a new program for private company directors and officers liability. This national program will include employment practices liability and fiduciary liability coverage and is designed for private companies with total assets of $1 million to $100 million and employee counts of 50 to 1,000. Coverage terms offer a combined aggregate limit for all liability coverage or separate aggregate limits for each individual coverage section. The program will be managed at U.S Risk Pro by Blake Rea, a 30 year industry veteran.
Additionally, U.S. Risk Pro will now be the official name of the professional underwriting specialty division of U.S. Risk Underwriters. The new name was created to coincide with the continuing expansion of professional liability programs within U.S Risk. Currently U.S Risk Pro has programs for insurance agents E&O, architects and engineers E&O, title agents E&O, employment practices and miscellaneous professional liability.
U. S. Risk Insurance Group, Inc. is a specialty lines underwriting manager and wholesale broker headquartered in Dallas.
Operating 16 domestic and international branches, it offers a range of products and services through its affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, U.S. Risk Financial Services, Unisource Program Administrators, Advocate Reinsurance Partners, LLC, Oxford Insurance Brokers, Ltd. (UK), James Hampden International Insurance Brokers Ltd. (UK), and Abraxas Insurance A.G. (Zurich).
Western World Insurance Group companies specialize in commercial general liability, professional liability, commercial auto, commercial property, and specially customized insurance coverage within the excess and surplus Lines industry. Their three divisions – Binding, Brokerage, and Programs – provide products across a variety of business sectors.