This marks its sixth line of enterprise
Westfield Specialty is increasing its vary of insurance coverage choices with the introduction of an environmental underwriting staff, marking its sixth line of enterprise.
Main the brand new environmental legal responsibility division is Dennis Willette, as he holds the place of senior vice chairman environmental.
Willette has over 15 years of expertise in each the environmental consulting and insurance coverage industries, which provides him a big degree of underwriting experience that can be leveraged to offer inventive and revolutionary options to purchasers with environmental exposures.
“Westfield Specialty has given our staff a improbable alternative to make use of our business expertise and experience to ship inventive and revolutionary options to our purchasers,” mentioned Willette. “Our greatest-in-class environmental underwriters perceive the nuances of this business, the operational and repair dangers, in addition to the monetary influence dealing with purchasers every time a brand new venture commences, or a contractor-related skilled legal responsibility publicity exists.”
Westfield Specialty’s new environmental providing
The environmental contractors’ air pollution {and professional} legal responsibility (CPPL) coverage is offered on a non-admitted foundation for accounts with an efficient date of June 1, or later. Protection could be obtained both as a standalone coverage for contractors’ air pollution legal responsibility (CPL) or as a mixed coverage for CPL {and professional} legal responsibility (CPL/PL). The insurance policies, backed by the group ranking of “A” (Glorious) by AM Finest, are written on non-admitted paper and can be found in all states.
The staff at Westfield Specialty Environmental additionally has plans to develop its vary of environmental legal responsibility merchandise, as they intention to introduce an proprietor’s protecting air pollution {and professional} indemnity (O3PI) coverage to additional tackle the distinctive wants of their purchasers.
“We’re excited so as to add environmental insurance coverage, our sixth product line, and thrilled to have Dennis main the staff,” mentioned Westland Specialty president Jack Kuhn. “Dennis provides distinctive underwriting experience attributable to his expertise in environmental consulting and the insurance coverage business. I’m assured Dennis and his staff will proceed to make a distinction for our purchasers by using their business experience to ship superior service and customised options.”
Westfield Specialty launched in July 2021 and is presently underwriting 5 different traces of enterprise: E&S property, E&S extra casualty, skilled traces, monetary establishments, and administration legal responsibility.
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