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Distinguished Programs, SiriusPoint companion on environmental insurance coverage program


National insurance coverage program manager Distinguished Programs has introduced a brand new partnership with SiriusPoint to develop into environmental, development air pollution {and professional} insurance coverage.

As a part of the multi-year program settlement, SiriusPoint’s environmental group, led by Doug Stepenosky, will transfer to Distinguished Programs, with Stepenosky named president of Distinguished’s environmental program.

Business will proceed to be written on SiriusPoint paper. Claims dealing with on each the present e book and new enterprise will proceed to be dealt with by the environmental claims group, the companies said

“We are thrilled to be working with SiriusPoint and admire the boldness they’ve proven in us,” stated Jason Rotman, president of Distinguished Programs. “Distinguished has formidable plans to carry on first-class underwriting groups in specialty traces, and that is the subsequent step to attaining that aim. Doug and his group carry unparalleled experience within the environmental insurance coverage area and are a welcome addition to the Distinguished group.”

“This is a superb resolution for everybody, notably our purchasers and brokers,” Stepenosky stated. “We now have all of the instruments to develop the enterprise and to take care of consistency with the group and paper. We are appreciative of SiriusPoint’s historic and future help and look ahead to working with them for years to return.”

Read subsequent: Distinguished Programs expands coastal builders risk coverage

In addition to Stepenosky, the environmental group contains two dozen professionals with a broad vary of environmental and insurance-related expertise. The program will be a part of Distinguished’s present major and umbrella insurance coverage coverages for real estate, effective artwork and collectibles, neighborhood associations, lodges and eating places.

Stepenosky and his group are the newest additions to Distinguished Programs. In October, the corporate appointed Beth Fulton and Linda Picha as regional gross sales executives.

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