ProSight Specialty Insurance News

H.W. Kaufman Group Partners with RB Jones Marine, ProSight Specialty Insurance

H.W. Kaufman Group, a global network of companies, has expanded its subsidiary RB Jones as it partners with ProSight Specialty Insurance to become the exclusive administrator for its Marine Solutions and Excess Energy niches. With this partnership, RB Jones Marine …

Hannon Assumes CEO Role at ProSight as Beneducci Steps Aside to Become Chairman

ProSight Specialty Insurance announced that Joe Beneducci will be taking over the role of executive chairman for the insurer. Larry Hannon, who has been serving as ProSight’s chief operating officer, will succeed Beneducci as chief executive officer, effective immediately. Beneducci …

Randall & Quilter Agrees to Novate Management of ProSight’s Syndicate 1110

Randall & Quilter Investment Holdings Ltd. (R&Q) announced it has reached agreement with ProSight Specialty Insurance to novate the management of Syndicate 1110 to R&Q Managing Agency Ltd. (RQMA). Day-to-day claims handling on non-U.S. business will be outsourced to R&Q …

ProSight Specialty Launches All-lines Marine Contractors Insurance Program

ProSight Specialty Insurance has launched its Longshore+ Marine Contractors program, with the goal of unifying all lines of marine insurance under a single carrier. The package offering provides the following coverages: Marine General Liability Workers Compensation and USL&H Contractor’s Equipment …

ProSight Appoints Green & Kennet as Senior Leaders for Its Lloyd’s Operation

Morristown, N.J.-based ProSight Specialty Insurance has made two key appointments to the management team of its Lloyd’s operation, ProSight Specialty Managing Agency. Philip Green becomes finance director while Jonathan Kennet has been appointed to the role of deputy active underwriter. …

NIF Group Adds Property, Inland Marine Coverage to Luxury Homebuilders Program

NIF Group, Inc. and ProSight Specialty have added property and inland marine coverages to the Luxury Homebuilders and Remodelers Program currently available in Calif., Ariz., Nev., and Wash. The Luxury Homebuilders and Remodelers Program is designed for the “high-end” general …

ProSight, Program Brokerage Corporation Launch Pest Control Program

ProSight Specialty Insurance has launched a new pest control program to be distributed by Program Brokerage Corporation (PBC), a wholesale insurance brokerage firm and the official endorsed broker of the National Pest Management Association (NPMA). The specialized insurance product expands …

ProSight Specialty Hires Kenny as Senior Executive in New Jersey

ProSight Specialty Insurance has hired Kevin Kenny as senior executive, Strategic Initiatives. He is based in ProSight’s Morristown, New Jersey, headquarters office. In his new role, Kenny will oversee the development of new partnerships and new programs for ProSight. Kenny …

ProSight Specialty Managing Agency Appoints Furgueson as Managing Director

ProSight Specialty Insurance has appointed Michael Furgueson as managing director of ProSight Managing Agency, succeeding Bernard Mageean, who has decided to step down due to personal reasons. Furgueson takes up the post immediately, subject to all necessary regulatory approvals. ProSight …

ProSight Specialty Launches Insurance Program for Drone Operators

ProSight Specialty Insurance has launched a new insurance offering for drone operators. The proprietary program was developed from the company’s experience in insuring drone use in the film and live media industries and redefines “aircraft” to eliminate the exclusion for …