Hudson Insurance Group has launched its new commercial excess and umbrella business unit that will provide coverage on a non-admitted basis in all 50 states. Led by Thomas Farrell, the unit will operate on a limited brokerage basis that focuses on small, regional producers.
Hudson’s target risk appetite includes manufacturing, contracting, habitational, hospitality, lessors risk and transportation classes of business with limits available up to $5 million.
Farrell has more than 15 years of experience in the commercial excess and umbrella market. He most recently served as regional vice president at Berkley Excess Managers, a W.R. Berkley Company. Prior to this, he led the northeast branch of Admiral Insurance Group’s Excess Division.
He is based in Stamford, Conn., and reports to Bill Schmidt, senior vice president, Hudson Insurance Group.
Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a specialty insurer that offers a range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.
Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Specialty Insurance Company and Hudson Excess Insurance Company. Hudson Insurance Company is admitted in all U.S. jurisdictions. Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Specialty Insurance Company and Hudson Excess Insurance Company.
Topics USA Carriers Commercial Lines Excess Surplus New Markets
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