Endurance Introduces E&S Excess Casualty Transportation Product
(Thomson Reuters ONE) -
PEMBROKE, Bermuda - November 30, 2016 - Endurance Specialty Holdings Ltd.
(NYSE:ENH), a Bermuda-based specialty provider of property and casualty
insurance and reinsurance, announced today that Endurance U.S. Insurance has
introduced a new Excess Casualty product for commercial transportation clients,
distributed through a limited network of wholesale brokers specializing in the
transportation market. The new product targets U.S. based transportation
companies including mid-size trucking fleets, shuttle and van services.
The transportation coverage will be underwritten by a new team led by Mr. Eric
Yatteau, Senior Vice President, E&S Excess Casualty - Transportation reporting
to Mr. Jarrett Long, Executive Vice President, Excess Casualty Insurance.
Mr. Yatteau joined Endurance earlier this month from Axis Insurance where he
spent the past 13 years and was most recently Senior Vice President, Excess
Casualty. He has more than 25 years of underwriting experience and holds CPCU
and ARe certifications. Mr. Yatteau is joined by two Vice Presidents, Mr. Dale
Painter, also from Axis Insurance, and Mr. Talbott Thompson from Swiss Re. All
three are based in Endurance's Alpharetta, Georgia office.
Mr. Long commented, ""I am extremely pleased to welcome the E&S Transportation
team to Endurance. The strength of Eric, Dale and Tal's collective experience
and relationships with respect to lower-attaching transportation accounts is a
natural complement to our current E&S Excess Casualty business. This initiative
adds an important and timely capability to our product offering and has been
very well received by our wholesale transportation broker partners."
Mr. Chris Sparro, Chief Executive Officer, U.S. Insurance, added "This is
another strategic addition for Endurance as we continue to grow and diversify
our portfolio to best meet our clients' needs. With deep technical expertise and
a meaningful trading partner network, this management team brings a wealth of
commercial transportation knowledge to Endurance. I am very pleased that we were
able to attract these talented professionals to Endurance."
About Endurance Specialty Holdings
Endurance Specialty Holdings Ltd. is a global specialty provider of property and
casualty insurance and reinsurance. Through its operating subsidiaries,
Endurance writes agriculture, professional lines, property, marine and energy,
and casualty and other specialty lines of insurance and catastrophe, property,
casualty, professional lines and specialty lines of reinsurance. We maintain
excellent financial strength as evidenced by the ratings of A (Excellent) from
A.M. Best (XV size category), A (Strong) from Standard and Poor's and A2 from
Moody's on our principal operating subsidiaries. Endurance's headquarters are
located at Waterloo House, 100 Pitts Bay Road, Pembroke HM 08, Bermuda and its
mailing address is Endurance Specialty Holdings Ltd., Suite No. 784, No. 48 Par-
la-Ville Road, Hamilton HM 11, Bermuda. For more information about Endurance,
please visit www.endurance.bm.
Contact
Investor Relations
Phone: +1 441 278 0988
Email: investorrelations(at)endurance.bm
# # #
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Endurance Specialty Holdings Ltd via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 30.11.2016 - 22:15 Uhr
Sprache: Deutsch
News-ID 510199
Anzahl Zeichen: 4009
contact information:
Town:
Pembroke
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 221 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Endurance Introduces E&S Excess Casualty Transportation Product"
steht unter der journalistisch-redaktionellen Verantwortung von
Endurance Specialty Holdings Ltd (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
