Validus Specialty Expands Commercial Directors and Officers Product Portfolio and Team
08 Março 2018 - 10:49AM
Business Wire
Validus Specialty Underwriting Services, Inc. (“Validus
Specialty”) today 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. The offering is fully customizable and can provide
D&O, Employment Practices Liability, Fiduciary Liability, and
Commercial Crime & Cyber Liability, on a combined or standalone
basis.
“This private company D&O offering further fills out our
suite of professional lines products at Validus. Brokers and
clients should consider this team a go-to market for management
liability solutions,” said Cathy Cossu, Senior Vice President of
Professional Lines.
Concurrently, Julianne McAdams joined the company as Senior
Underwriter of Commercial Directors and Officers Liability.
Julianne will be based in Validus Specialty’s Atlanta offices and
focus on complex risks across mid to upper middle market clients,
inclusive of Public and Non Profit organizations.
According to Julia Keenan, Vice President of Commercial D&O,
“The market has learned to expect superior service and flexible
solutions from our team. Julianne now brings that same approach to
the southern U.S., particularly for the Oil and Gas sectors. This
is a great way to build upon other verticals, specifically in the
Private Equity space.”
The growing team of Commercial D&O leaders at Validus
Specialty include underwriters Pat Barton and Sharon Fusco, who
manage the private company and non-profit sectors, respectively.
The team offers fully customizable and manuscript policies to
proactively mitigate management liability exposures, for both
traditional and emerging risks.
The Commercial D&O team is part of Validus Specialty’s
Professional Lines group, led by Ms. Cossu. The group has enjoyed
broadening capacity and a growing product portfolio, including the
recently announced Fintech package and Standalone Cyber
policies.
Jonathan Ritz, CEO of Validus Specialty added, “Given the
significant expertise this team is building out and our appetite,
brokers and clients recognize they now have a vital underwriting
team at hand.”
For more information, contact Validus Specialty’s Commercial
D&O team.
Validus Specialty Underwriters
Validus Specialty offers a wide range of E&S and Admitted
insurance solutions and operates on behalf of Western World
Insurance Group and Talbot Underwriting Ltd., through Syndicate
1183.
With the flexibility of offering ‘A’ rated Lloyd’s paper and ‘A’
rated U.S. domestic excess & surplus lines and admitted paper
through Western World insurance companies, Validus Specialty offers
enhanced distribution access, excellent technical underwriting and
claims management, and access to leading underwriting capacity.
About Validus Holdings, Ltd.
Validus Holdings, Ltd. (NYSE: VR) is a leading global provider
of reinsurance, insurance, and asset management services. Validus
companies maintain a worldwide presence with more than 1,000
employees in 17 offices. Learn more at validusholdings.com.
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