Reinsurance News

Tango launches professional lines division

5th October 2021 - Author: Katie Baker

Tango Specialty has launched a new professional lines division dedicated to the growing demands of wholesale brokers for E&S underwriting solutions across a wide range of specialty SME sectors.

handshake-close-up-photoThe division will be led by David Egosi, who joins Tango from Hiscox USA where he was most recently head of professional risks.

Joining Egosi are Alicia Marsiglia and Drew Kling, both also from Hiscox USA.

John Schoerner joins the team from Alpha Specialty, a wholesale-only MGA specializing in real estate developers, contractors, and A&E clients.

Each underwriter brings at least 15 years of individual underwriting expertise, along with a shared underwriting philosophy focused on providing differentiated solutions to the E&S market.

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The core product suite will offer up to $5M of capacity across various sectors, including allied healthcare, senior living, contractors, real estate, A&E, security guards, and other miscellaneous professional services.

Wolyniec said: “We are delighted to launch this division to support our insurance partners who bring “A” rated capacity to this program.”

“The high caliber of underwriting expertise and the reputations that David and his team have embody the quality of talent that we recruit into Tango.”

Egosi commented: “Our team is focused on building this business over the next 10-15 years, and we want to partner with other underwriters that share our common vision and approach to technical excellence and broker partnership.

“This emphasis also ensures we deliver healthy underwriting margins and disciplined growth over the long term with our insurance capacity partners.”

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