Bermuda-based Endurance Specialty Holdings Ltd. announced that it has named Michael Fujii to lead and manage the development of Endurance’s insurance business in the United States. He will focus on developing key areas of specialization within the P/C insurance arena in which Endurance will underwrite on both an admitted and non-admitted basis.
Fujii joins Endurance from Great American Custom Insurance Services, where he most recently served as President and CEO. Prior to that, he was President of CIGNA E&S from 1987 to 1992. A graduate of Loyola University-Los Angeles, Fujii is a member of the AICPA and the California Institute of Certified Public Accountants. He also sits on the board of the Insurance Institute’s Charitable Foundation.
“We are delighted that someone of Mike’s caliber has decided to lead the creation of our specialty insurance business,” commented Endurance CEO, Kenneth J. LeStrange. “This is an exciting initiative for the company, and we look forward to applying our principles of specialization, disciplined underwriting, and superior client service in this business as well.”
The expansion into the U.S. insurance market comes on the heels of the company announcing its entrance into Surety business and Agribusiness. “Endurance’s business model is based on flexibility and specialization,” LeStrange continued. “Thanks in large part to our strong capitalization and nimbleness, Endurance is able to take advantage of opportunities in the market. We feel that in establishing a U.S. insurance business, we can continue to offer products and services that meet the changing needs of clients.”
Was this article valuable?
Here are more articles you may enjoy.