For immediate release
Contact: Lisa Strasser, 203 977-8030
Hudson Insurance Group Launches New Commercial Casualty E&S Business
Hudson Insurance Group (Hudson) today announced the launch of its new wholesale brokerage facility that will underwrite primary commercial casualty on an excess and surplus lines basis. Led by Connie Verdile, the unit will underwrite small and medium-sized casualty risks in the construction, manufacturing and distribution sectors. Primary limits up to $2 million are available.
“We’re delighted to have Connie on board to expand our general liability product offerings and broaden Hudson’s footprint throughout the U.S.,” said Christopher Gallagher, President and CEO of Hudson. “Connie’s vast knowledge and expertise in the primary market complements Hudson’s Commercial Excess and Commercial Binding Authority businesses, and enable us to offer wholesaler brokers a more comprehensive range of liability products.”
Hudson’s Commercial Casualty E&S business will work exclusively through wholesale brokers, with appointments made on a select basis. Coverage is available in all 50 states.
Ms. Verdile has more than 35 years of experience in the insurance industry. She spent 17 years leading company underwriting units servicing wholesale producers at Colony and most recently at XL Catlin.
Ms. Verdile is based in Hudson’s new Scottsdale, AZ office. She reports to Bill Schmidt, Senior Vice President at Hudson Insurance Group.
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About Hudson Insurance Group
Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.
Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Specialty Insurance Company and Hudson Excess Insurance Company. Hudson Insurance Company is admitted in all U.S. jurisdictions. Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Specialty Insurance Company and Hudson Excess Insurance Company.
Collectively known as Hudson Insurance Group, its companies are rated A (Excellent) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of OdysseyRe, a leading worldwide underwriter of reinsurance and specialty insurance and wholly-owned by Fairfax Financial Holdings Limited. For more information, visit www.hudsoninsgroup.com.