Management liability

Protector Plans launches new primary exec liability program

Brown & Brown-owned Protector Plans is offering a new primary executive liability program providing D&O, employment practices, fiduciary, employed lawyers, crime and miscellaneous professional liability coverage to both private and not-for-profit insureds.

Berkley Select unveils legal aid-focused ML and PL offering

Berkley Select has developed a new management and professional liability-focused product catering to organizations offering legal aid services, with the offering underwritten on the AM Best A+ rated capacity of its parent WR Berkley.

SPG’s Euclid Fiduciary hires Coaction’s Lavigne as ML CUO

Specialty Program Group’s recently acquired Euclid Fiduciary division has hired Keith Lavigne from Coaction as chief underwriting officer, management liability.

BP Marsh to acquire stake in London MGA Verve Risk as its exits Castel platform

Specialist UK insurance investor BP Marsh is to acquire a minority shareholding in professional and management liability-focused MGA Verve Risk Partners, The Insurer can reveal.

AllDigital looks to broaden offering with Lloyd’s-backed primary ML product

Blockchain and AI-driven MGA AllDigital Specialty is lining up Lloyd’s capacity for a new primary management liability offering with limits of $1mn to $5mn that will target insureds with up to $250mn in revenues to complement its existing primary and excess products, Program Manager can reveal.

Amwins buys E&O specialist MGA Business Risk Partners

Wholesale broking and underwriting giant Amwins has acquired Business Risk Partners, a Windsor, Connecticut-based MGA focused on E&O, or professional liability, along with management liability and financial institutions, Program Manager can reveal.

Convelo teams up with Fortegra for non-profit PL program

MGU Convelo Insurance Group has launched a new management liability insurance program on the AM Best A- rated paper of US insurer Fortegra to provide coverage for non-profit organisations.

Falcon launches four primary management liability products

US financial, professional and cyber lines MGA Falcon Risk Services has launched four new primary products: public company D&O, private company D&O (EPL and fiduciary), lead Side A difference in conditions, and investment management liability.

Falcon announces four senior hires from Munich, Chubb, BHSI and Everest

Financial and professional lines MGA Falcon Risk Services has confirmed four senior appointments, hiring Bryan Harmsen from Munich Re, Danielle Cirillo from Chubb, Andrew Menger from Berkshire Hathaway Specialty Insurance and Tim Barry from Everest.

AllDigital partners with Core Specialty to launch excess management liability offering

Blockchain and AI-driven MGA AllDigital Specialty has teamed up with Core Specialty on a new excess management liability program that will offer up to $5mn in limits on A- AM Best rated paper for small- to medium-sized private and non-profit insureds, The Insurer can reveal.

Vault and PRF partner on liability program

Managing general agent Professional Risk Facilities (PRF) and Vault Commercial have partnered on a program for D&O, employment practices liability (EPLI), fiduciary liability and errors & omissions (E&O) risks.

Landi’s Falcon Risk lines up admitted capacity from HDI Global

Financial and professional lines MGA Falcon Risk Services has secured admitted capacity from HDI Global Insurance Company that it will use initially to offer excess management liability coverage.

Nexus and Allianz launch E&S management and PL program for SMEs

Specialty MGA Nexus Group has partnered with Allianz subsidiary Interstate Fire & Casualty to launch a multi-product program writing management and professional liability on an E&S basis aimed at small and medium-sized enterprise (SME) customers.

RPS and Fortegra launch management liability product for private companies

Risk Placement Services (RPS) and carrier partner Fortegra Specialty Insurance Company have launched a new management liability product designed for private companies.

Anderson Benson gains Lloyd’s coverholder status after Beazley media E&O program tie-up

US broker Anderson Benson has secured Lloyd’s coverholder status after partnering with Beazley for a music industry-focused worldwide media liability errors and omissions (E&O) program.

Core Specialty reveals D&O program with insurtech Celerity Pro

Recently rebooted Core Specialty Insurance Holdings has announced a new underwriting arrangement with insurtech MGA Celerity Pro to provide D&O solutions for the US management liability market.