RICHMOND, Va., Nov. 07, 2016 (GLOBE NEWSWIRE) -- Kinsale Insurance Company, Inc. today announced the release of their Private Company/Organization Directors & Officers product. The Kinsale Management Liability Team can consider the coverage on a stand-alone basis or packaged with our Employment Practices Liability and Fiduciary Liability products. Coverage is written non-admitted on a Claims-made and Reported Coverage form with up to $5,000,000 limit capacity on a primary basis.
The Kinsale Management Liability Division targets hard-to place/distressed accounts that may have a poor loss history, problematic financials, or that operate in tough industries. Target classes include Construction, Consulting Firms, Manufacturing (including pharmaceutical), Oil & Gas, Property Management, Technology Firms, Transportation and Wholesalers/Distributors.
Division Manager of Kinsale’s Management Liability Division Greg Call commented, “We are excited to offer this new product to our clients. Even in what could be described as a crowded marketplace, there are always hard-to-place accounts needing a solution.”
Coverage options are available for additional executive limits, crisis management response, derivative demand costs, punitive damages, and more. Coverage can be tailored to fit an individual account. Prior Acts can be considered on most accounts.
About Kinsale Capital Group, Inc.
Kinsale Capital Group, Inc. is the holding company for Kinsale Insurance Company and is headquartered in Richmond, VA. Kinsale is a domestic excess and surplus lines insurance company specializing in hard-to-place property, casualty and specialty risks. A. M. Best has assigned Kinsale a Financial Strength Rating of A- (Excellent). Kinsale’s Financial Size Category is Class VIII. For further information, please contact Bob Neal at 804-289-1318 or bob.neal@kinsaleins.com.