management liability News

QBE North America Hires Berkshire Hathaway’s Fortin, Greeley for Financial Lines

QBE North America has appointed Dan Fortin as president and Todd Greeley as chief operating officer for Financial Lines. Both executives joined QBE NA from Berkshire Hathaway Specialty Insurance. With the hires, QBE NA said it aims to expand it …

AXIS Partners With AllDigital Specialty MGA on Small Business Platform

AXIS Insurance and AllDigital Specialty will launch an insurance platform designed for the U.S. small private company management liability market. AXIS will utilize AllDigital’s technology to quote, bind and issue policies in the U.S. AXIS will provide paper and capacity …

Beazley Appoints Greenwood as Head of Cyber & Executive Risk, Succeeding Donovan

Specialist insurer Beazley has appointed Bethany Greenwood as global head of cyber & executive risk (CyEx) from July 2020. She will join Beazley’s executive committee at the same time. Greenwood joined Beazley last September to lead the London market and …

BHSI Launches Management Liability & Association Liability Cover in New Zealand

Berkshire Hathaway Specialty Insurance Co. (BHSI) has expanded its executive & professional lines offerings in New Zealand with the introduction of Management Liability and Association Liability Insurance policies. BHSI’s Management Liability policy is designed to address the wide range of …

Ascot Launches U.S. Management Liability and Financial Institutions Unit

Ascot is launching a Management Liability and Financial Institutions group, led by Ryan Becker as executive vice president. The new group will offer a wide range of admitted and non-admitted, primary and excess directors & officers (D&O) and financial institutions …

Marsh Taps AIG’s Manson, Aon’s Mills for U.K. Mgmt Liability, Wholesale Placement Roles

Marsh, the insurance broker and risk adviser, announced the appointments of Stephanie Pestorich Manson as chief client officer for Management Liability and head of Directors’ & Officers’ (D&O) Product and Jason Mills as wholesale leader in the U.K. Financial & …

Markel Launches Standalone EPLI Policy for PEOs

Markel Corporation has added a standalone employment practices liability policy customized for professional employer organizations (PEOs) to its management liability suite of products. The new policy is a modular product providing liability coverage for PEOs and their customers with separate …

Chubb Expands Insurance Coverage in Canada for Private Equity Firms

Chubb is providing expanded insurance coverage, called “Private Equity+”, to address “the unique risks of Canadian private equity firms.” These extended offerings help transfer and mitigate many of the private equity firms’ most significant liabilities by combining in one policy …

Beazley Adds Products to Broker E-Trading Platform for UK Businesses

Beazley has added two new product lines to broker e-trading platform myBeazley to meet the needs of UK-domiciled private businesses with a turnover of up to £350 million (US$457.8 million). UK brokers can now access Beazley’s comprehensive service-led cyber product, …

CorPro Underwriting Managers Expands AIG Management Liability Offering

CorPro Underwriting Managers has expanded its availability of several new key coverage enhancements under the Private Edge Plus and Not-for-Profit Risk Protector products (directors and officers, employment practices, fiduciary and crime insurance coverages) offered to SME businesses on a national …