Fiduciary Liability News

Embroker Launches Direct-to-Customer Online D&O Policy for Startups

Embroker, a digital commercial insurance brokerage, has launched a fully digital directors and officers (D&O) insurance policy, specifically designed for venture capital (VC) backed tech startups. The D&O policy is part of Embroker’s new digital Startup Program, which also includes …

BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors

Berkshire Hathaway Specialty Insurance (BHSI) has introduced Executive First™ Fiduciary Liability Insurance, a new policy designed to provide straightforward, up-to-date protection for Canadian sponsors of large pension and benefit plans and their directors, officers and employees. “Our Executive First™ Fiduciary …

Ullico Increases Fiduciary Liability Limits to $25 Million

Ullico Inc.’s property and casualty insurance subsidiary, Ullico Casualty Group, Inc., may offer up to $25 million in multiemployer fiduciary liability insurance in its program with Alterra America Insurance Co., a Markel company. The $10 million increase in coverage is …

Berkshire Hathaway Specialty Offers Fiduciary Liability Product

Boston-based Berkshire Hathaway Specialty Insurance (BHSI) has launched Executive First Fiduciary Liability Insurance, a new addition to its Executive First suite of executive liability insurance products offering customizable coverage for commercial and financial firms. The product will provide enhanced protection …

Berkshire Specialty Enters Fiduciary Liability Segment, Hires Prussack as VP

Berkshire Hathaway Specialty Insurance (BHSI) has entered the fiduciary liability market and named Rhonda Prussack as vice president, Fiduciary Liability, to lead the effort. According to Dan Fortin, senior vice president, Executive and Professional Lines, BHSI, Prussack will work with …

ANV Launches U.S. Managing General Underwriter for D&O

ANV Holdings BV, the specialty insurance business, headquartered in the Netherlands, announced the opening of its first U.S. Market Managing General Underwriter (MGU), to be led by Peter McKeegan. ANV said the “team will underwrite Financial Lines for the U.S. …

Allied World No. Am. Launches ‘ForceField’ Product Suite in Canada

Allied World Assurance Company Holdings, AG announced today the launch of its ForceField management liability product suite in the Canadian market. ForceField offers five coverage components including: Directors & Officers Liability, Employment Practices Liability, Fiduciary Liability, Crime Coverage, and Kidnap …

U.S. Risk, Western World Launch Private D&O, EPL, Fiduciary Liability Program

U.S. Risk Pro, a division national MGA and surplus lines wholesaler U.S. Risk Insurance Group, Inc., and Western World Insurance Group have launched a new program for private company directors and officers liability. This national program will include employment practices …

Monitor Launches Enhanced Executive Liability Insurance for Private Companies

Monitor Liability Managers has launched a new executive liability insurance suite of coverages for privately held companies called ExecSuite. With ExecSuite, businesses can choose the coverage that best suits their needs. Choices include: directors, officers and corporate liability; employment practices …

Segal Select Insurance Acquires Fiduciary Business from A&R Associates

Segal Select Insurance Services, Inc. has acquired Broker of Record rights to certain fiduciary liability policies and fidelity bonds previously brokered by A&R Associates in Alexandria, Va. According to Brian Smith, Segal Select’s chief operating officer, the acquisition expands Segal’s …