Starr Launches White-Collar Disability Coverage

Starr Indemnity & Liability Co. has introduced white-collar disability insurance for high-net worth individual and corporations.

The carrier will underwrite the coverage for the program in conjunction with Pro Financial Services (PFS), a Chicago-based underwriter of specialty risk insurance throughout the worlds of sports, entertainment, business and medical professionals.

“Starr Companies takes great pride in partnering with a company as firmly established and well respected as PFS in its highly specialized segment of disability coverage. We anticipate this new program will provide a welcome solution to protecting compensation levels for which standard products are not designed.” said Wayne Gutridge, North American Head of Starr Indemnity Accident & Health.

Pro Financial has specialized in disability insurance for high-net worth individuals for more than two decades. The company underwrites more than $1 billion in disability insurance for sports clients.

The New York-based Starr Companies is the marketing name for C.V. Starr & Co. and Starr Insurance Holdings.