Lloyd & # 39 ;s of London insurer Dual Commercial LLC said on Monday that it has introduced a public company manager and executive for overinsurance programs that will offer up to $ 10 million in limits. offers coverage on behalf of insurance partner Orlando, Florida-based Accredited Surety and Casualty Co. Inc., a subsidiary of Hamilton, Bermuda-based Randall & Quilter Investment Holdings Ltd.
Its statement states that Dual will offer full coverage as well as only A-business, which covers non-damaging losses of board members and executives.
Dual said that the program will be offered together with its transaction liability insurance program as part of its newly created dual transaction solutions unit. -based Dennis Kearns, leader of the Transaction Responsibility Program, will chair the new Dual Transaction Solutions Program, the statement said.
Pat Dar of New York ragh, Deputy CEO of the new group, will retain his current leadership role in transactional responsibility. In addition, New York-based Dan Simnowitz will be the vice president of the new program, while continuing his current leadership in the transaction responsibility program, the company said.
Experts have said that the market for management responsibility faces significant challenges. related to the COVID-1