Mar 08, 2018
Validus Specialty Expands Commercial Directors and Officers Product Portfolio and Team
NEW YORK--(BUSINESS WIRE)--Mar. 8, 2018--
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
“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
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
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
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.”
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180308005683/en/
Source: Validus Holdings, Ltd.
Validus Holdings, Ltd.
Charlotte Connerton / Mustafa Riffat