professional lines News

Sompo International Launches Transaction Risk Insurance in Europe

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that the company’s European specialty platform has introduced a new transaction risk insurance line of business, expanding its professional lines insurance offerings in …

Validus Specialty Expands Commercial D&O Portfolio; Zurich’s McAdams Named Sr. U/W

Validus Specialty Underwriting Services Inc. announced the expansion of its product portfolio with an admitted, private company commercial directors and officers (D&O) policy. With broad coverage, the new form provides management liability protection for private company business leaders, Validus Specialty …

Allied World Launches Professional Liability Policy for Healthcare Consultants

Allied World Assurance Co. Holdings has launched a professional liability policy, offering coverage specifically designed to address the risks of health care consultants and companies that provide consulting services to healthcare facilities. This comprehensive protection includes contingent bodily injury coverage …

Insurtech-Led TPA, Advent Claims, to Administer Claims for Principia Underwriting

Advent Claims, the insurtech-led claims third party administrator (TPA), announced it has signed an agreement to administer all claims for Aquila Underwriting-backed MGA, Principia Underwriting. Principia, which previously managed claims in-house, will implement Advantage, Advent’s proprietary claims management system, to …

Ironshore Hong Kong Offers Legal Event Expense Cover in Hong Kong Market

Ironshore Hong Kong has introduced a specialty professional lines product that offers protection for after-the-event legal expenses following commercial litigation. Ironshore’s After-the-Event Legal Expenses product provides insurance against adverse costs awards, Ironshore explained. The coverage, which is standardized within the …

Ironshore’s Singapore Branch Introduces Legal Event Expense Cover

Ironshore Insurance Ltd., Singapore Branch, has introduced a specialty professional lines product that offers protection for after-the-event legal expenses to mitigate commercial litigation loss exposure. Ironshore’s after-the-event legal expenses product provides insurance against adverse costs awards in commercial litigation. The …

Chubb’s Rhyner Named President of Navigators Professional Lines in U.S.

James L. Rhyner has been appointed president of the Navigators Pro division of Navigators Management Co., the U.S. underwriting operation. In this role, Rhyner will lead Navigators’ U.S. directors and officers (D&O) and errors and omissions (E&O) businesses. This appointment …

BHSI Offers Professional Liability, Network Security & Privacy Cover in Canada

Berkshire Hathaway Specialty Insurance (BHSI) introduced its Professional First Professional Liability and Network Security & Privacy Policy and announced it has appointed Geoffrey Kendrick as head of Professional Lines in Canada. BHSI’s new Professional First Professional Liability and Network Security …

Allied World Appoints Hall-Shaw as VP in Professional Lines Division

Allied World Assurance Company Holdings announced that Jacqueline Hall-Shaw has been appointed vice president, Professional Lines Division, based in London. She will report to Martin Heathfield, Senior Vice President, Professional Lines. Hall-Shaw has more than 15 years of experience in …

Allied World Bermuda Appoints Chow as Senior VP, Professional Lines

Allied World Assurance Company Holdings announced that Dale Chow has been appointed to senior vice president, Professional Lines, for Allied World Bermuda. In this role, Chow will be responsible for the strategic direction, management, marketing and underwriting of Allied World …