For Release: Upon Receipt
May 6, 2013
Contact: John McKeon, CMAA
703-677-3361, jmckeon@cmaanet.org
Katelyn Leondi,
ProSight Specialty Insurance
973.532.1773
Prosight Specialty Insurance and CMAA Launch New Construction
Managers Insurance Program, with Special Credit for CCMs
Combined General Liability and Professional Liability Policy
Provides Enhanced Coverage, Service and Construction Industry-backed Expertise
MORRISTOWN, NJ/NEW ORLEANS, LA, (MAY 6, 2013) – ProSight Specialty Insurance, a global insurance
carrier in the construction industry, today unveiled a new Construction Managers insurance program to
attendees of the CMAA Leadership Forum in New Orleans, LA.
Designed with CMAA members in mind, the integrated general liability and professional liability package
for construction managers provides continuity of claims management and enhanced coverage backed by
distributor Quaker Special Risk’s (QSR) more than 50 years of experience in the construction industry.
The program will be offered nationally and includes unique program enhancements, such as subpoena
and disciplinary proceedings expense coverage. Recognizing the skill and professionalism associated
with qualified construction managers in CMAA’s membership base, ProSight will offer Certified
Construction Managers (CCM) special credit on their quote from ProSight Specialty Insurance.
“CMAA is underscoring its commitment to the enhancement of construction management as a
professional discipline by partnering with ProSight to provide members with industry-leading risk
management and insurance solutions,” said CMAA President and CEO Bruce D’Agostino, CAE, FCMAA.
“This innovative, specialist insurance offering from ProSight aligns with our commitment to enhance the
benefits of CMAA membership to more companies and individuals who are committed to excellence in
professional Construction and Program Management.”
CMAA and ProSight will utilize print and digital advertising campaigns, social media channels and a
dedicated co-branded website cmaa.prosightspecialty.com to advance the alliance. The co-branded
website is a resource for construction management professionals interested in industry insights and risk
management. It features fresh content from ProSight, QSR and CMAA, as well as additional information
about ProSight’s insurance solutions for the construction industry.
ProSight’s leading insurance offering is centered on delivering specialized expertise, paired with a broad
array of responsive insurance and risk management products designed to meet the unique needs of
construction managers. ProSight teamed up with QSR on the Construction Managers program because it
aligns with ProSight’s philosophy that building exclusive partnerships with quality industry experts
equates to success for its customers. In addition, QSR will work closely with CMAA member’s agents on
placing insurance policies.
“Using our excellent claims experience and strong underwriting, we’re able to bring together forms and
products that pay special attention to the unique nature of the coverages needed to serve this
industry,” said Jake Morin, Program Manager, ProSight Specialty Insurance. “We are excited about our
new policy that packages PL and GL lines and being able to offer it to CMAA members first. This
combined policy allows a single point in time each year to make insurance purchase decisions.”
About CMAA
CMAA is the leading organization advancing professional construction and program management
worldwide. Its membership is comprised of more than 10,000 public and private organizations, owners
and individual practitioners. CMAA provides professional development, CM certification, advocacy and
business opportunities to its members and the industry. The Association's headquarters is located in
McLean, VA, U.S.A. CMAA's website is: www.cmaanet.org.
About ProSight
ProSight Specialty Insurance Group, Inc., and its member insurers, were founded by CEO Joseph
Beneducci in 2009 and are backed by affiliates of TPG Capital and GS Capital Partners. ProSight Specialty
Insurance focuses on niche markets where it has differentiated underwriting and claims expertise and
partners exclusively with specialist distributors who have a deep understanding of their customers. For
more information, please visit www.prosightspecialty.com.
###