ISO has launched a management and professional liability unit. The unit will spearhead new and revised coverage options as well as actuarial and analytics products for business and corporate risks. Joining ISO to lead the effort are Stephen Whelan, Michael Doyle, and Barbara Russo. ISO is a Verisk Analytics business.
The newly hired individuals will expand ISO offerings, including crime, D&O (directors and officers), EPL (employment practices liability), fiduciary liability, financial institutions, and professional liability or E&O (errors and omissions). The team will also focus on ISO’s excess and surplus and reinsurance solutions.
Stephen Whelan takes on the role of product development director. Whelan has experience in management liability, having served as an executive at AIG, The Hartford, and most recently at Everest Specialty Underwriters.
Barbara Russo joins as managing director of excess and surplus. Russo is an insurance executive with experience in customer management and business leadership roles. She previously headed the international segment for Zurich’s Global Corporate business unit in North America and held positions of leadership at Travelers, Marsh, AIG, and Winterthur.
Michael Doyle recently joined the team as actuarial director for specialty lines. Doyle brings more than 20 years of insurance and reinsurance experience in the professional liability and specialty markets, leading teams at ProSight, Munich Re, ACE, XLCatlin, and CNA.
ISO is a source of information about property/casualty insurance risk. ISO provides statistical, actuarial, underwriting, and claims information and analytics; compliance and fraud identification tools; policy language; information about specific locations; and technical services commercial and personal lines of insurance. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace.