Hudson Insurance Group Expands HFP Product Offering
12 1월 2010 - 4:29AM
Business Wire
Hudson Insurance Group, the U.S. Insurance division of Odyssey
Re Holdings Corp., today announced that Hudson Financial Products
(“HFP”) is expanding its private company management liability
(“PCML”) business with the introduction of a Private Defender
modular policy form that targets middle market privately held
entities. Coverages include Directors and Officers Liability,
Employment Practices Liability, Fiduciary Liability and Crime. The
PCML product offering, the Private Defender, will be underwritten
by a dedicated unit based in Philadelphia.
James J. Hooghuis, Chief Underwriting Officer of Hudson
Financial Products, commented, "Following the recent hiring of Lou
Grandrino, to head up our Philadelphia based Mid-Atlantic branch,
Hudson continues to assemble, under Lou’s stewardship, a quality
team of professionals to develop public company business
regionally, and both private company and not-for-profit entities
nationally.”
Hudson Insurance Group is the U.S. Insurance division of Odyssey
Re Holdings Corp. ("OdysseyRe"), a leading worldwide underwriter of
property and casualty reinsurance and specialty insurance with $3.5
billion in policyholders' surplus. Hudson Insurance Group provides
admitted and non-admitted insurance, predominantly through Hudson
Insurance Company and Hudson Specialty Insurance Company, both
rated "A" (Excellent) XV by A.M. Best Company. Hudson Insurance
Group specializes in primary and excess insurance coverages
underwritten by Hudson Programs, Hudson Healthcare, Hudson
Financial Products, Hudson Environmental, Hudson Crop and
Clearwater Marine.
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