St. Louis-based risk funding products provider Safety National said it has acquired an undisclosed excess and surplus company that will begin operations in March as Safety Specialty Insurance Co. The new unit will offer law enforcement liability, public officials liability and educators legal liability coverage.
The Paris-based nonprofit financial services association Efma and Dublin-based professional services giant Accenture said they have created the “Innovation in Insurance” awards program to identify and award innovative insurance initiatives and projects around the world. Efma is inviting insurers to apply from now through April 18. Winners will be recognized at an award ceremony in Milan on June 9 during Efma's Insurance Summit gala dinner.
London-based Pioneer Underwriters announced that its Pioneer Special Risk (PSR) unit has started underwriting Environmental Liability through its newly established division in Exton, Pa. The program is led by Jessica Huhn-Kenzik, a vice president at PSR. The company said PSR has been approved as a coverholder at Lloyd's for Environmental Liability with licenses to transact business in all 50 states and Washington, D.C.
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