SiriusPoint teams up with Quality Program on environmental insurance – Reinsurance News

National insurance program manager, Distinguished Programs has entered into a partnership with SiriusPoint Ltd., to expand into Environmental, Civil and Professional Insurance.

Under the agreement, SiriusPoint’s Environmental team, which is led by Doug Stepenosky, will move to Distinguished.

However, businesses will continue to write on the SiriusPoint document for a program agreement for many years. In addition, the handling of claims on the existing book and new businesses will continue to be handled by the Environmental claims department.

The terms and conditions of the agreement were not disclosed.

SiriusPoint’s Environmental team consists of 24 professionals, each of whom has a wealth of experience combining environmental and insurance. The program will be with the existing Distinguished and umbrella insurance policies designed for real estate, fine art and collections, community organizations, hotels, and restaurants.

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“This is a great solution for everyone, especially our customers and business owners,” said Stepenosky, president of Distinguished’s Environmental program.

“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.

“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 Environmental insurance space and are a welcome addition to the Distinguished team.

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