Validus Specialty Underwriting Services, Inc., has expanded its product portfolio with an admitted, private company commercial directors and officers (“D&O”) policy.
In a statement, the company said that the new policy had “broad coverage” and “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 and cyber liability on a combined or standalone basis, according to Validus.
“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 of commercial directors and officers liability. Ms. McAdams will be based in Validus Specialty's Atlanta offices and will focus on complex risks across mid to upper middle market clients, inclusive of public and non-profit organizations.
According to Julia Keenan, vice president of commercial D&O at Validus, “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.”
Learn more: validusholdings.com.