Professional liability insurance

Premier Litigation Firm Thompson Coe Stands Ready to Respond to Matters Arising From the Recent Major Storms Along the Gulf Coast With New Response Team

Retrieved on: 
Thursday, November 18, 2021
LLP, Professional liability insurance, Industry, Private law, Corporate law, State legislation in protest of federal law in the United States, Property, Solution, Business, Steamship, Hurricane Carla, Chambers, Policy, Employment, Lawyer, Louisiana Department of Transportation and Development, Gulf Coast of the United States, Partner, Appeal, Business transaction management, Lists of action films, Louisiana Insurance Commissioner, Company, Property insurance, Insurance

For 70 years , Thompson Coe has been recognized as a top tier litigation firm and a national authority on insurance defense and sophisticated coverage issues.

Key Points: 
  • For 70 years , Thompson Coe has been recognized as a top tier litigation firm and a national authority on insurance defense and sophisticated coverage issues.
  • Thompson Coe attorneys have unmatched experience helping insurers formulate defense strategies to respond to the high volume of lawsuits and claims after a catastrophe.
  • The attorneys at Thompson Coe stand ready defend this large volume litigation through all stages of resolution or trial."
  • Thompson Coe is recognized as a "Band 1" law firm for Insurance in Texas by Chambers & Partners USA 2004-2021.

Risk Strategies Acquires Corrigan Johnston Risk Advisors

Retrieved on: 
Tuesday, October 26, 2021
Umbrella, Risk management, Professional liability insurance, Insurance, Commercial general liability insurance, Acquisition, Strategy, GLOBE, Culture, Financial services

BOSTON, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Risk Strategies , a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Corrigan Johnston Risk Advisors, an all lines brokerage focused on transportation-related industries.

Key Points: 
  • BOSTON, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Risk Strategies , a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Corrigan Johnston Risk Advisors, an all lines brokerage focused on transportation-related industries.
  • Headquartered in Basking Ridge, N.J., Corrigan Johnston was founded in 2006 by its current president, Patricia Corrigan Johnston.
  • True specialty expertise sets Risk Strategies apart from our competitors, said John Scroope, Risk Strategies National Director of Retail Operations.
  • Corrigan Johnston Risk Advisors, Inc. are thrilled to join Risk Strategies, an organization whose culture, values and ethos mirror our own, said Patricia Corrigan Johnston.

USI Affinity Expands Partnership With CNA to Provide Lawyers’ Professional Liability Insurance to Attorneys and Law Firms in Connecticut and Rhode Island

Retrieved on: 
Monday, October 25, 2021
Underwriting, Â, Organization, Partnership, Lawyer, Professional liability insurance, Insurance, Policy, USI, Marketing, Association, CNA, GLOBE, Risk management

PHILADELPHIA, Oct. 25, 2021 (GLOBE NEWSWIRE) -- USI Affinity today announced an expanded partnership with CNA, effective January 1, 2022, to provide a comprehensive Lawyers' Professional Liability insurance offering for attorneys and law firms in Connecticut and Rhode Island.

Key Points: 
  • PHILADELPHIA, Oct. 25, 2021 (GLOBE NEWSWIRE) -- USI Affinity today announced an expanded partnership with CNA, effective January 1, 2022, to provide a comprehensive Lawyers' Professional Liability insurance offering for attorneys and law firms in Connecticut and Rhode Island.
  • Together, USI Affinity and CNA will bring a premier marketing team with industry-leading expertise and resources to deliver insurance products and services for small and large law firms.
  • Commenting on the announcement, CNAs Vice President of Underwriting, Mike Furlong, stated: "USI Affinity is one of the largest and most respected specialty brokers and program managers in the Lawyers' Professional Liability insurance marketplace.
  • Our decision to enhance our offering, improve our rates and bring it to market with USI Affinity demonstrates our focus upon excellence in our offering to attorneys and law firms.

Report: Owners’ and Founders’ Approach to Risk Management Not a Match for Today’s Modern Threats

Retrieved on: 
Wednesday, October 20, 2021
Professional Services, Security, Small Business, Technology, Insurance, Software, Internet, Acumen, Policy, Business, Professional liability insurance, Risk, Technology, Chief executive officer, Financial technology, Miller, Growth, Employment practices liability, SME, Risk management, Research, Insurance, Director, Perception, Cryptocurrency

For the report, Big Risks for Small Businesses , Embroker surveyed over 500 SME owners and CEOs and tech startup founders in August 2021.

Key Points: 
  • For the report, Big Risks for Small Businesses , Embroker surveyed over 500 SME owners and CEOs and tech startup founders in August 2021.
  • The report found that owners and founders perception of business risk is not aligned with how they manage and transfer that risk.
  • To truly be successful, these owners and founders need to embrace transferable risk as a part of their growth strategy.
  • Tech Founders, on the other hand, are more aware of cyber risks than other industry business owners.

Richmond National Group, Inc. Launches New U.S. Excess and Surplus Lines Insurance Company

Retrieved on: 
Friday, October 15, 2021
Berkshire Hathaway, Commercial property, Technology, Industry, Environment, Professional liability insurance, Director, Growth, Richmond National Battlefield Park, Pilot Corporation, Insurance, Chief compliance officer, HF, Risk management, GLOBE, Investment, Â, Company, E&S, General Casualty Insurance, AM Best, Partnership, Reinsurance, Management, Financial services

RICHMOND, Va., Oct. 15, 2021 (GLOBE NEWSWIRE) -- Richmond National Group, Inc. (Richmond National) today announced the formation of Richmond National Insurance Company (RNIC), a specialty excess and surplus lines insurance company.

Key Points: 
  • RICHMOND, Va., Oct. 15, 2021 (GLOBE NEWSWIRE) -- Richmond National Group, Inc. (Richmond National) today announced the formation of Richmond National Insurance Company (RNIC), a specialty excess and surplus lines insurance company.
  • It is a unique time for starting a new excess and surplus lines insurance company, and Richmond, given its deep pool of entrepreneurial insurance talent, was the natural place to locate our company, said Kavanagh.
  • Richmond National Group, Inc. is the holding company for Richmond National Insurance Company, a specialty excess and surplus lines insurance company serving select wholesale brokers across the country.
  • Richmond National Insurance Company is rated A- (Excellent) by A.M. Best Company.

Embroker Launches New Standalone, Digital-First Cyber and Crime Business Insurance Products

Retrieved on: 
Tuesday, September 14, 2021
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Embroker , the digital platform making it radically simple to get business insurance, today announced the availability of two new standalone digital insurance products: Cyber Insurance and Commercial Crime Insurance.

Key Points: 
  • Embroker , the digital platform making it radically simple to get business insurance, today announced the availability of two new standalone digital insurance products: Cyber Insurance and Commercial Crime Insurance.
  • Embroker insurance products, built digitally from the ground up, are designed for privately held small to medium sized businesses that are being underserved by legacy commercial insurance carriers.
  • This is why it is critical for Embroker to provide new insurance products that deliver strong coverage for cyber and other crimes.
  • Through Embroker Access, Embroker provides partner agencies and wholesalers with the capability to offer all of Embrokers industry-leading insurance products to their customers.

Vantage Selects Majesco Billing for P&C, Policy for P&C and Digital1st® Insurance as Foundational Platforms for Fueling Insight-Driven Underwriting

Retrieved on: 
Tuesday, September 14, 2021
Other Professional Services, Software, Insurance, Finance, Data Management, Professional Services, Technology, Other Technology, Cloud, Software as a service, Efficiency, Professional liability insurance, Technology, Policy, Credit, MGA, Vantage, Financial institution, Insurance, P&C, Â, Digital, Solution, Growth, EVP, Creativity, Health care, Leadership, Risk management, Management, Majesco, Vantage, MAJESCO, VANTAGE

Majesco , a global leader of cloud insurance software solutions for insurance business transformation, today announced that 2020 startup, Vantage Group Holdings Ltd. (Vantage) is now live with Majesco Billing for P&C for its insurance segment, with plans to also implement Majesco Policy for P&C and Majesco Digital1st Insurance in their Vantage Cloud as foundational platforms for their business growth strategy.

Key Points: 
  • Majesco , a global leader of cloud insurance software solutions for insurance business transformation, today announced that 2020 startup, Vantage Group Holdings Ltd. (Vantage) is now live with Majesco Billing for P&C for its insurance segment, with plans to also implement Majesco Policy for P&C and Majesco Digital1st Insurance in their Vantage Cloud as foundational platforms for their business growth strategy.
  • Vantage needed a next generation core and digital solution that would adapt and keep pace with risk market shifts and rapid growth plans.
  • Vantage will tap into Majescos Digital1st Insurance platform, a cloud-native microservices digital insurance platform, for its specialty insurance Digital Underwriting Workbench that will enable insight-driven underwriting decisions and streamlined processes.
  • Market leaders understand that digital, next generation underwriting, policy, and billing solutions are essential to growth, profitability, and responsive customer service.

Vantage Announces Launch of Financial Lines and Professional Liability Businesses

Retrieved on: 
Thursday, August 26, 2021
Professional Services, Insurance, Finance, The Carlyle Group, International business, Efficiency, Hellman & Friedman, Asset, Risk management, Risk, Solution, Creativity, AXA, Decision support system, Professional liability insurance, University, ABC, Business, Policy, Bhuma, Rich, Alexander Forbes Group Holdings, Business administration, Industry, Insurance, Lead, Record, Bank, Indemnity, GPL, D&O, National, CAN, Hour, EPL, D, Finance, Financial institution, Circular flow land use management, Marketing, DIC, Management

Vantage Group Holdings Ltd. (Vantage) continues the build-out of its insurance platform introducing new product offerings in Financial Lines and Professional Liability insurance.

Key Points: 
  • Vantage Group Holdings Ltd. (Vantage) continues the build-out of its insurance platform introducing new product offerings in Financial Lines and Professional Liability insurance.
  • Leona Lik joined Vantage in April 2021 and heads the Financial and Professional Lines business in Bermuda.
  • At Vantage, she has recruited an experienced Bermuda underwriting team to grow the Bermuda book of Financial and Professional Lines business, focusing on writing all industry classes across Management Liability, Financial Institutions and Professional Services.
  • Bhuma brings almost 20 years of Financial Institutions Professional Liability Underwriting experience, most recently at CAN, where she led the Eastern region of the Financial Institutions team.

Skyward Specialty Insurance Group Hires 9 in Support of Major Investment in Professional and Management Liability

Retrieved on: 
Tuesday, August 10, 2021
Other Professional Services, Professional Services, Insurance, Anita, Company, Chubb, Officer, Professional liability insurance, Knowledge, Markel Corporation, Senior, 100 Best Companies to Work For, North America, Financial institution, Insurance, Assistant, E&S, Management, AIG

Today, Skyward Specialty Insurance Group, Inc. (Skyward Specialty or the Company) announced a significant expansion of its Professional Liability and Management Liability lines of business with the addition of several experienced and highly-respected underwriters and new regional teams in the Midwest and Southeast.

Key Points: 
  • Today, Skyward Specialty Insurance Group, Inc. (Skyward Specialty or the Company) announced a significant expansion of its Professional Liability and Management Liability lines of business with the addition of several experienced and highly-respected underwriters and new regional teams in the Midwest and Southeast.
  • In the Northeast and Midwest, current Managing Director of Professional Liability, Lisa McCarney, will lead expanded Professional Liability teams in both regions.
  • Finally, in support of the expansion of the Professional and Management Liability lines of business, Skyward Specialty has hired Anita Rogers as Senior Vice President of Specialty Claims.
  • Skyward Specialtys subsidiary insurance companies consist of Houston Specialty Insurance Company; Imperium Insurance Company; Great Midwest Insurance Company; Oklahoma Specialty Insurance Company; and Boston Indemnity Company, Inc.

NFP Welcomes Morgan Frick to Management and Professional Liability Practice

Retrieved on: 
Thursday, July 29, 2021
Public liability, Types of insurance, Law, Finance, Liability insurance, Common law, Equity, Fiduciary, Articles, Professional liability insurance, Employment Practices Liability, Insurance

Frick joins NFP following an 11-year tenure with Marsh, where she served as a senior vice president and financial and professional liability client advisor.

Key Points: 
  • Frick joins NFP following an 11-year tenure with Marsh, where she served as a senior vice president and financial and professional liability client advisor.
  • Her expertise includes employment practices liability, directors and officers, errors and omissions, fiduciary, cyber and crime insurance.
  • Frick will report to Kevin Smith, senior vice president of NFP's management and professional liability practice.
  • "She is a talented professional who brings new perspective and energy to our growing practice.