Monday, June 23, 2008

Max Specialty Now Eligible to Serve California

Stephen Vaccaro, Jr., president and CEO of Max Specialty Insurance Company, an excess and surplus lines company headquartered in Richmond, Virginia, announced that, with the addition of California, Max Specialty is now an eligible surplus lines insurer in a total of 47 states.

Vaccaro said: "The addition of California as a state in which Max Specialty may now write surplus lines business is a further step toward our goal of establishing Max Specialty as a leading U.S.-based excess and surplus lines company."

Max Specialty is licensed as an admitted insurer in Delaware and is a subsidiary of Max Capital Group Ltd.

Max Specialty, the excess and surplus lines platform of Max Capital Group Ltd., operates across three divisions: Brokerage, Contract Binding and Marine, offering property, ocean and inland marine, casualty, excess liability and umbrella insurance products.

Max Capital Group Ltd., through its operating subsidiaries, provides specialty insurance and reinsurance products to corporations, public entities, property and casualty insurers and life and health insurers.

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