Reinsurance News

Distinguished Programs expands portfolio with launch of Executive Lines Business

31st August 2023 - Author: Jack Willard

National insurance program manager, Distinguished Programs has bolstered its portfolio with the addition of an Executive Lines business, led by Ryan Becker.

According to the announcement, this new program caters to the requirements of executive liability exposures, which includes Directors & Officers (D&O), Employment Practices Liability (EPL), and Fiduciary liability coverage for public, private, and not-for-profit organizations.

Under the guidance of Distinguished’s executive team, which consists of Bill Malloy, Jason Rotman, and Steve Sitterly, the company is implementing expansion plans by enlisting skilled underwriting teams.

“We are thrilled to introduce the Distinguished Executive Lines business. Our commitment to innovation and tailored insurance solutions remains firm. With the addition of Ryan Becker and his seasoned team, the Executive Lines business exemplifies our dedication to meeting the evolving needs of our clients and partners,” said Steve Sitterly, COO and CUO of Distinguished Programs.

Leading Distinguished’s new program is Ryan Becker, who brings over 28 years of expertise in building and leading Executive Lines businesses.

Register for the Artemis ILS Asia 2024 conference

“We enter this business aware of the evolving executive lines market conditions, especially in D&O. With Ryan’s experience not only navigating, but succeeding within past market cycles, we have real industry leadership guiding us responsibly toward short-term success and tremendous long-term value,” adds Sitterly.

Becker, commented: “It is a privilege to spearhead the Executive Lines business with Distinguished. We understand what our trading partners require, which are decisive and experienced underwriters empowered to quickly respond, with competitive products supported by highly rated insurance companies.

“Additionally, our relationships within the wholesale community run deep, and our unwavering commitment to the wholesale channel is foundational to our business. Our enthusiasm to collaborate with wholesalers to offer effective solutions to retailers and clients is stronger than ever.”

In other related news, Distinguished Programs recently announced the addition of an Inland Marine program, to be led by Eric Michel.

Print Friendly, PDF & Email

Recent Reinsurance News