Saturday, February 4th, 2023

Distinguished Applications, SiriusPoint associate on environmental insurance coverage program

Distinguished Programs, SiriusPoint partner on environmental insurance program

Nationwide insurance coverage program supervisor Distinguished Applications has introduced a brand new partnership with SiriusPoint to broaden into environmental, building air pollution {and professional} insurance coverage.

As a part of the multi-year program settlement, SiriusPoint’s environmental group, led by Doug Stepenosky, will transfer to Distinguished Applications, with Stepenosky named president of Distinguished’s environmental program.

Enterprise will proceed to be written on SiriusPoint paper. Claims dealing with on each the prevailing e book and new enterprise will proceed to be dealt with by the environmental claims group, the businesses mentioned

“We’re thrilled to be working with SiriusPoint and respect the boldness they’ve proven in us,” mentioned Jason Rotman, president of Distinguished Applications. “Distinguished has formidable plans to carry on first-class underwriting groups in specialty strains, and that is the following step to attaining that objective. Doug and his group carry unparalleled experience within the environmental insurance coverage area and are a welcome addition to the Distinguished group.”

“This can be a nice resolution for everybody, notably our shoppers and brokers,” Stepenosky mentioned. “We now have all of the instruments to develop the enterprise and to keep up consistency with the group and paper. We’re appreciative of SiriusPoint’s historic and future assist and sit up for working with them for years to come back.”

Learn subsequent: Distinguished Applications expands coastal builders danger protection

Along with Stepenosky, the environmental group contains two dozen professionals with a broad vary of environmental and insurance-related expertise. This system will be part of Distinguished’s current major and umbrella insurance coverage coverages for actual property, advantageous artwork and collectibles, group associations, motels and eating places.

Stepenosky and his group are the newest additions to Distinguished Applications. In October, the corporate appointed Beth Fulton and Linda Picha as regional gross sales executives.

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