Thursday, May 28, 2009

NATIONAL NEWS ZONE......

The Navigators Group Inc. announced that its principal underwriting agency subsidiary, Navigators Management Company Inc., has expanded its Professional Liability Division.

This Division focuses on providing professional liability insurance to a variety of professional firms including attorneys, accountants, management consultants, insurance agents and brokers, architects and engineers, and other non-medical service providers.

First, Navigators Management Company Inc. has entered into an agreement with Brown & Brown Inc., to become the new underwriter for the Lawyer’s Protector Plan (LPP) insurance program, effective Nov. 1, 2009, for law firms with one to 19 attorneys.

Second, Navigators Management Company Inc. has hired Jerry O’Dwyer to manage its book of professional liability insurance for accountants and law firms with 20+ attorneys.

O’Dwyer was most recently responsible for Professional Liability at Catlin where he established their U.S. underwriting operation for lawyers and accountants.

  • C.V. Starr & Co., a subsidiary of C. V. Starr & Co. Inc., will begin offering its Resolute Portfolio products, designed specifically for Private and Public Companies as well as Not For Profit Organizations, through Starr Indemnity & Liability Company (Starr Indemnity) for business effective June 1, 2009 and going forward.

The Resolute Portfolio products include coverage for Directors and Officers Liability, Employment Practices Liability, Outside Directorship Liability, Fiduciary Liability, and Crime and Fidelity Insurance. The company will target all private companies and not for profit organizations as well as public companies outside of the Fortune 1000. The capacity is $15,000,000 per Coverage Section and coverage can be underwritten on a primary or excess basis.

For further information regarding Resolute Portfolio or C.V. Starr & Company’s other capabilities, contact Laurie Banez at (646) 227-6335 or access http://www.cvstarr.com/.

No comments: