National insurance coverage program supervisor Distinguished Programs has introduced a brand new partnership with SiriusPoint to broaden into environmental, development air pollution {and professional} insurance coverage.
As a part of the multi-year program settlement, SiriusPoint’s environmental crew, led by Doug Stepenosky, will transfer to Distinguished Programs, with Stepenosky named president of Distinguished’s environmental program.
Business will proceed to be written on SiriusPoint paper. Claims dealing with on each the present ebook and new enterprise will proceed to be dealt with by the environmental claims crew, the businesses stated.
“We are thrilled to be working with SiriusPoint and appreciate the confidence they have shown in us,” stated Jason Rotman, president of Distinguished Programs. “Distinguished has ambitious plans to bring on first-class underwriting teams in specialty lines, and this is the next step to achieving that goal. Doug and his team bring unparalleled expertise in the environmental insurance space and are a welcome addition to the Distinguished team.”
“This is a great solution for everyone, particularly our clients and brokers,” Stepenosky stated. “We now have all the tools to grow the business and to maintain consistency with the team and paper. We are appreciative of SiriusPoint’s historical and future support and look forward to working with them for years to come.”
Read subsequent: Distinguished Programs expands coastal builders danger protection
In addition to Stepenosky, the environmental crew consists of two dozen professionals with a broad vary of environmental and insurance-related expertise. The program will be part of Distinguished’s current main and umbrella insurance coverage coverages for actual property, high-quality artwork and collectibles, group associations, inns and eating places.
Stepenosky and his crew are the newest additions to Distinguished Programs. In October, the corporate appointed Beth Fulton and Linda Picha as regional gross sales executives.
Have one thing to say about this story? Let us know within the feedback under.