PROFESSIONAL INDEMNITY AGENCY ENTERS LAWYERS PROFESSIONAL LIABILITY MARKET

Sponsored Content April 29, 2003

PROFESSIONAL INDEMNITY AGENCY ENTERS LAWYERS PROFESSIONAL LIABILITY MARKET

Dirk Kruidenier and Maria Mandolini Named Vice Presidents of New Division

MOUNT KISCO, New York (April 29, 2002) – Professional Indemnity Agency, Inc. is pleased to announce that it has entered the lawyers professional liability insurance market by employing the former underwriting team of Pelican Insurance Services, Inc. It has engaged the services of Dirk Kruidenier and Maria L. Mandolini to head the new division, which will be housed at PIA’s San Francisco office. Initially, the limit of liability will be $1,000,000, with business written only in California through Houston Casualty Insurance Company, a wholly owned subsidiary of HCC Insurance Holdings, Inc.

Entry into this market is part of PIA’s strategy to be responsive to broker and client needs by offering a broad range of product and service options. The new Lawyers Professional Liability Division will be underwriting lawyer’s errors and omissions policies, targeting firms with fewer than 15 attorneys.

A resident of Vallejo, California, Dirk Kruidenier has 28 years of experience in the insurance industry. Prior to founding Pelican Insurance Services in 1996, he was President of Western Insurance Services, where he developed and established a professional liability program.

Maria Mandolini, a resident of Petaluma, California, joins PIA with a wealth of experience in underwriting lawyers professional liability insurance. Prior to joining Pelican, she was in private practice as an attorney-at-law.

About PIA

The Western Regional Office in California also serves as the principal marketing and underwriting facility for PIA’s employment practices liability insurance program, which protects companies and their employees from a wide range of employment-related allegations.

Professional Indemnity Agency, Inc. is a wholly owned subsidiary of HCC Insurance Holdings, Inc., an international insurance holding company and one of the largest specialty insurance groups in the U.S. HCC has assets of over $3.5 billion and its shares trade on the NYSE (symbol: HCC), with a market capitalization of over $1.5 billion. HCC is rated AA (Very Strong) by Standard & Poor’s and A+ (Superior) by A. M. Best Company.

For more information, contact the Lawyers Professional Liability Division at 415-288-0701, 415-288-0771 (fax) or email dkruidenier@piaint.com or mmandolini@piaint.com.

Professional Indemnity Agency, Inc. of N.Y.
37 Radio Circle Drive – P.O. Box 5000
Mount Kisco, NY 10549-5000
914-241-8900
www.piaint.com

Contact:
Barbara A. Bauer
Phone: (845) 294-3550
Fax: (845) 294-8791
barbarabauer@pioneeris.net

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