Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Y-Risk Approved as Lloyd’s Coverholder for Cyber, Technology E&O Product
Mar 7 2018 // Y-Risk, LLC, a specialty underwriting management company, has been approved as a Lloyd’s coverholder with authority for cyber and technology E&O insurance on behalf of certain Lloyd’s syndicates. Y-Risk is...
Sompo International to Launch Specialty Operation in Spain; Executive Team Named
Mar 6 2018 // Sompo International announced it will launch a specialty insurance underwriting operation in Barcelona, Spain. Sompo currently has a London-based operation but must open EU-based headquarters in order to conduct business...
Former Swett Exec Vogle Joins Worldwide Facilities as SVP in Atlanta
Feb 23 2018 // National wholesale insurance brokerage and managing general agent Worldwide Facilities has added George Vogle to its Atlanta office as a senior vice president specializing in professional liability. Vogle began his career...
Ryan Specialty Group to Acquire New Jersey’s New Day Underwriting Managers
Feb 22 2018 // Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J. New Day will...
Risk Strategies Acquires New York City’s Prosurance Redeker Group
Feb 22 2018 // Risk Strategies, a Boston, Mass.-headquartered, privately held national insurance brokerage and risk management firm, has acquired New York City-based Prosurance Redeker Group LTD., a specialty brokerage serving architects...
NAS Insurance Adds Miscellaneous E&O Coverage for Architects, Engineers
Feb 20 2018 // NAS Insurance Services has released a new miscellaneous E&O architects and engineers (A&E) insurance product that includes coverage for technology services and cyber liability coverage. NAS’ Architects and...
Insurers May Not be Able to Avoid Blockchain, Virtual Currencies ‘Sweeping Through Industry’
Feb 14 2018 // Insurers need to be thinking about blockchain technology and virtual currencies like bitcoin and how to approach these areas of emerging risk as they become harder to ignore, according to panelists at the 2018 Professional...
QBE, Huntersure to Offer Architect, Engineer, Contractors PL Coverage
Feb 14 2018 // QBE North America has formed a strategic program underwriting alliance with Huntersure LLC, to offer its professional liability coverage for small to mid-size architectural, engineering and contractor businesses nationwide...
Validus Specialty Launches Standalone Cyber Insurance Product
Feb 8 2018 // The Cyber and Technology insurance group of Validus Specialty Underwriting Services, Inc. have expanded its offering with a standalone cyber insurance product focused on privacy and network protection coverage. The product...
The Competitive Advantage: The Value of an Employee Handbook
Feb 5 2018 // Most small agencies, and quite a few middle-to-large agencies, lack a current employee handbook or at least one of quality. Honestly, day-to-day, an employee handbook really is not that important, especially with just a...
People
Feb 5 2018 // David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan. The firm will focus on serving law firms, as it did when it...
Business Risk Partners Expands Into Financial Services Sector
Jan 30 2018 // Business Risk Partners (BRP) has expanded into the financial services sector with the addition of two specialty insurance coverages: miscellaneous professional liability insurance for a broad range of lenders, advisors and...
Professional Liability Insurance Brokerage, Gemini Risk, Launched in Michigan
Jan 23 2018 // Experienced lawyers and insurance professionals David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan. The firm will...
CAMICO Names Ryder Vice President of Sales, Marketing and Communications
Jan 22 2018 // San Mateo, Calif.-based CAMICO has named Michael Ryder vice president of sales, marketing and communications. Ryder has more than 25 years of experience in professional liability insurance programs, sales and program...
Ascent Launches Allied Health Professional Liability Product
Jan 17 2018 // Ascent Underwriting, a niche-product managing general agent, has launched a professional liability product for allied health practitioners and facilities in the U.S. Ascent’s new Allied Health product includes a...
The Competitive Advantage: A Scary Trend
Jan 8 2018 // Maybe “trend” is inaccurate because the data is scant, or maybe “trend” is a presage. The “trend” does not yet exist, but it will. The “trend” is companies taking drastic...
People
Dec 18 2017 // INSUREtrust has promoted Will Tschetter to Professional Lines broker. In his new role, Tschetter will specifically focus on new broker production and will be brokering cyber insurance, technology errors and omissions...
Tower Group Companies Top List of U.S. P/C Impairments in 2016: A.M. Best
Dec 13 2017 // Of the 14 property/casualty impairments identified for 2016, 11 were members of the Tower Group, with the remaining three composed of two medical professional liability risk retention groups and a commercial lines...
Allied World Launches Professional Liability Policy for Healthcare Consultants
Dec 13 2017 // Allied World Assurance Co. Holdings has launched a professional liability policy, offering coverage specifically designed to address the risks of health care consultants and companies that provide consulting services to...
Founders Professional Opens New California Office, Taps DeCew and Steen
Dec 4 2017 // Founders Professional has hired Matt DeCew and Jeff Steen and is launching a new San Diego, Calif. office. This is the firm’s fifth location. DeCew and Steen will work with retail insurance agencies throughout the...
