People & Places

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Christopher Norman has been named generalcounsel for The Norman-Spencer Agency Inc.He previously represented state and national carriers ata private law firm in Miami, Fla. and will aidNorman-Spencer's executive team with the growth and success ofthe agency.

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AonRisk Solutions appointed Edward Reilly andJoseph Russo as senior vice presidents in theconstruction services group. Reilly will focus on commercialand contract surety efforts in the Northeast region. Russo willoversee the group's strategy, business opportunities and projectinsurance brokerage.

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Dave Snyder joined the Property Casualty Insurers Assn. of America as vicepresident, international policy in the policy development andresearch department. He previously held the position of vicepresident and associate general council of public policy forthe American Insurance Assn.

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Zurich welcomedDave Anderson back to Washington, D.C. after sixyears abroad in the Asia/Pacific region. Anderson will take on thetitle of credit & political risk director for global businessdeveolpment. Richard Abizaid will succeed Andersonas the credit & political risk regional manager ofAsia/Pacific. Zurich also named Tina Malliepresident of programs & direct markets. She replacesCraig Fundum, who was appointed president ofcommercial markets and customer industry segments.

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Stephen Holcombe was namedNortheast/Mid-Atlantic sales represntative by Venture InsurancePrograms. He will focus on gaining submissions and buildingrelationships in his region.

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Mergers & Acquisitions

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OneBeacon Insurance Group acquired Public Entities ofAmerica (PEA). PEA is awholesale brokerage headquartered in Atlanta, Ga.,specializing in public sector government clients.

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New Programs

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AcadiaInsurance is offering inland marine coverage for museums, fineart dealers and collectors in New England and New York. Programdetails include:

  • Valuable protection on-site, in transit or on loan at anotherlocation
  • Coverage for floods and earthquakes
  • Partial loss diminished value coverage in case of damage.

Acadia will cover museum collections valued up to $10 million,dealer collections valued up to $2 million and private collectionsvalued up to $5 million.

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American Collectors Insurance updated itsspecialty coverage for valued collections. The programincludes:

  • Coverage during shipment
  • Full collector value coverage
  • Protection against natural disasters and theft
  • Deductables from zero to $5,000.

Agents and brokers in all 50 states can provide the coverage,which can be customized to work for a wide range of collectiblessuch as coins, stamps, books, auto memorabilia, guns, figurines andmodel trains.

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PartnerOne Environmental formed a partnership withBerkley Environmental to provide site pollutionliability. The product includes:

  • Coverage of on and off-site clean-up
  • Defense costs and damage claims
  • Injury of third party
  • Premiums beginning at $3,000.

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