Validus Specialty expands commercial D&O offering

Validus Specialty has expanded its product portfolio with an admitted, private company commercial directors and officers (D&O) policy, while appointing a senior underwriter.

The new policy will provide broad coverage and management liability protection for private company business leaders. The offering is customizable and can provide D&O, employment practices liability, fiduciary liability, and commercial crime & cyber liability, on a combined or standalone basis, Validus said.

“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.

Julianne McAdams has joined the company as senior underwriter of commercial D&O liability. McAdams will be based in Validus Specialty’s Atlanta offices and focus on complex risks across mid to upper middle market clients, inclusive of public and non-profit organisations.

Julia Keenan, vice president of commercial D&O, commented: “The market has learned to expect superior service and flexible solutions from our team. Julianne now brings that same approach to the southern US, particularly for the oil and gas sectors. This is a great way to build upon other verticals, specifically in the private equity space.”

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