Rebrands product recall business as Berkley Product Protection and expands offerings to include product liability, GL, and excess liability coverage on admitted basis beginning Jan. 1. Luis Rivera remains at helm, supported by SVP and product liability chief underwriter Ken Shoop (hired from The Hartford) and SVP and chief claims officer Allison Daly (previously with Marsh McLennan).
Promotes Rob Romeo to head of claims for North America, a newly created post. Promotes Andy Barberis into Romeo’s old role as head of U.S. healthcare and casualty claims as well as global surety claims. >> Introduces property, GL, D&O, professional indemnity and marine cargo in Spain as part of expansion in that market.
Rolls out Forefront Portfolio, a suite of management liability products for private, nonprofit and healthcare entities. Up to $25 million in limits.
Stops writing reinsurance and will lay off about 65 employees. EMC Re posted a combined ratio of 125.3. Runoff management options being explored.
Now offers Retirement Gateway for Small Business, a program targeting 401(k) plans with up to $500,000 in account value.
Everest Insurance now offers suite of group personal accident coverages for schools, youth sports, associations and volunteer organizations. >> Hires Catherine Rudow as global head of cyber reinsurance, a newly created post. She moves from Nationwide E&S and will be based in New Jersey.
Hires Bryan Harmsen as COO. He moves from Munich Re. >> Hires Danielle Cirillo as head of private company management liability. She moves from Chubb.
President Doug Elliot will retire at year-end. As a result, Morris “Mo” Tooker will add global specialty and sales and distribution to his mid- and large-commercial remit. He will report to chair and CEO Christopher Swift.
Hires Chris Jarvis as group chief underwriting officer, based in London. He joins from Canopius Managing Agency.
Hires Dan Warburg as head of reinsurance London. He joins from Lancashire’s Syndicate 1856.
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