management liability News

Chubb’s Wikoff Named AVP, Management Liability for CNA’s Central Zone

Chicago-based CNA has appointed Mike Wikoff as assistant vice president, management liability zone leader for the Central Zone. Wikoff is responsible for providing overall public and private company management liability underwriting expertise for customers in the Central Zone, which includes …

Lim Named Asst. VP, Management Liability Zone Leader at CNA

Chicago-based insurer, CNA, appointed David Lim as assistant vice president, management liability zone leader for the Northern Zone. In this role, Lim is responsible for providing overall underwriting expertise for the public and private company management liability book of business in the company’s …

V3 Insurance Launches Management Liability Package

V3 Insurance Partners LLC has launched a new management liability package program, Vantage Point, for private companies and not-for-profit organizations. Vantage Point is a flexible insurance package created specifically for small- to mid-sized companies that offers comprehensive insurance coverages tailored …

Markel International Names Hope as Senior Underwriter, Head of Mgmt. Liability

Markel International, the specialist insurer, has appointed Antony Hope as senior underwriter and head of the management liability account in its professional and financial risks division (PFR). Reporting to divisional managing director, James Hastings, Hope will manage and underwrite the …

Kinsale Forms Management Liability Division

Kinsale Insurance Co. has formed a new Management Liability Division. The division’s initial products are employment practices liability (for-profit/non-profit) and directors & officers liability (non-profit only). According to Clay Rhoades, Kinsale vice president, the initial products are the first of …

ACE Offers New D&O Products in Germany; Dünkeloh Named Financial Lines Mgr.

ACE Group has launched two new D&O insurance products and has appointed a new financial lines manager in Germany, as it continues to respond to the rapidly evolving management liability cover needs of companies in Europe’s biggest economy. ACE D&O …

Zurich Launches Management Liability Offering for SMEs in Australia

Zurich is launching a new management liability offering, specifically designed to protect small to medium enterprises (SMEs) in Australia, with turnovers up to AUD$50 million. The new product will be provided via “Z.stream,” the company’s electronic broking system. Z.stream* already …

Directors & Officers Could Be Liable for Cyber Attacks: Marsh

Directors and officers need to be certain of their responsibilities relating to the prevention or management of a cyber event, or else they run the risk of being held personally liable should an attack against their firm occur, according to …

CNA Expands Specialty Lines Business in Canada

CNA announced that its $2.9 billion Specialty Lines business, specializing in professional and management liability, financial and other specialized property and casualty insurance products and services, will begin offering specialty products in Canada effective January 1, 2015. John Hennessy, president …

Lloyd’s Underwriter Pioneer Special Risk Expands to New York

Pioneer Underwriters announced that its Pioneer Special Risk (PSR), led by President Gary Dubois, has commenced underwriting via its New York based division. The bulletin explained that “Pioneer Special Risk has been approved as a Coverholder at Lloyd’s for certain …