National insurance program manager Distinguished Programs has announced a new partnership with SiriusPoint to expand into environmental, building damage and professional insurance.
As part of the multi-year agreement, SiriusPoint’s environment team, led by Doug Stepenosky, will move to Distinguished Programs, with Stepenosky named president of Distinguished’s environment program.
Businesses will continue to be written on SiriusPoint paper. Handling claims on the current book and new business will continue to be handled by the environmental claims team, said the company.
“We are very pleased to work with SiriusPoint and appreciate the confidence they have shown in us,” said Jason Rotman, president of Distinguished Programs. “Distinguished has ambitious plans to bring first-class competitors to specialty lines, and this is the next step in achieving that. hope. Doug and his team bring unparalleled expertise to the space insurance environment and are a welcome addition to the Distinguished team.
“This is a great solution for everyone, especially our customers and entrepreneurs,” said Stepenosky. “We now have all the tools to grow the business and maintain consistency with the team and paper. We appreciate SiriusPoint’s historical and future support and look forward to working with them for years to come.
Read more: Program Status expands the construction of the coast that is disturbed
In addition to Stepenosky, the environmental group consists of twenty-two professionals with a wide range of environmental and insurance. The program will be integrated with Distinguished’s existing insurance policies and umbrellas for real estatefine art and collections, community organizations, hotels and restaurants.
Stepenosky and his team are the newest additions to Special Programs. In October, the company appointed Beth Fulton and Linda Picha to be regional sales.
Any news on this story? Let us know in the comments below.