Darwin Enters Into Program Agreement with PGU to Provide Specialty Coverages for Public Entities
22 Septiembre 2005 - 3:29PM
PR Newswire (US)
FARMINGTON, Conn., Sept. 22 /PRNewswire-FirstCall/ -- Darwin
Professional Underwriters, Inc. (Darwin) and Professional
Government Underwriters, Inc. (PGU) have entered into a program
arrangement whereby PGU will be the exclusive provider of
professional liability coverages for Darwin's public entity
program. The program is available nationally through PGU and
targets municipalities, public entities, public school districts
(grades kindergarten through 12) and other public and educational
entities. Three segments of public entity business are served by
this program. They include public officials professional liability,
police professional liability, and school board legal liability.
Each will have a segment-specific coverage form. Employment
practices liability coverage is also included in the policy forms
for school board legal liability and public officials professional
liability. Coverage through the program will be written on a non-
admitted and admitted basis, depending on domicile of the risk.
Darwin can provide limits of liability up to $5 million for each
policy. "Darwin recognized a strong partner in PGU based on their
historical performance and expertise in the public entity sector,"
says Nicole Haggerty, assistant vice president of Darwin. "PGU's
principals have a strong track record of profitable underwriting
practices and a commitment to provide public entity clients with
responsive service. Darwin is proud to partner with PGU on this
program." "Darwin has demonstrated underwriting expertise for this
sector, quick turnaround to bring the program up to speed, strong
senior management support, and a high level of expertise in
developing profitable, sustainable programs," says Marty Kanipe,
president of PGU. "We look forward to working with Darwin on
meeting the needs of our clients." Darwin underwrites D&O and
E&O liability insurance for public and private companies,
health care and medical professional risks, and a broad range of
non-medical professional classes. Darwin member companies include
Darwin Professional Underwriters, Inc., Darwin National Assurance
Company, and Darwin Select Insurance Company. Darwin is a
subsidiary of Alleghany Insurance Holdings LLC, whose parent
company, Alleghany Corporation, is publicly traded on the New York
Stock Exchange (ticker symbol 'Y'). For more about Darwin, visit
http://www.darwinpro.com/. PGU, headquartered in Richmond,
Virginia, began operations in 1993 as a full-service risk
management company dedicated to assisting public and educational
entities in the management of their professional liability
exposures. PGU is dedicated to providing state-of-the-art
professional underwriting management and loss control advisory
services. The company operates through a network of professional
producers who seek specialized services for their public entity and
educational clients and who represent the best interests of their
clients and the industry as a whole. For more information about the
Darwin/PGU public entity program, please contact Ned Daly of PGU at
or 800 586 6502 x107. Media Contact: Drake Manning (Darwin) at 860
284 1500 or DATASOURCE: Darwin Professional Underwriters, Inc.
CONTACT: Drake Manning of Darwin Professional Underwriters, Inc.,
+1-860- 284-1500, Web site: http://www.darwinpro.com/
Copyright