Marine Program Brochure - ProSight Specialty Insurance

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Solutions to
Carry Your
Business
Through
MARINE PROGRAM
ProSight Specialty Insurance specializes in industries where we
have expertise. We use deep industry knowledge to address needs
that go far beyond commercial protection. We develop specialized
offers and work with expert partners to deliver solutions that save
money and increase operational efficiency.
The ProSight
Difference
Best-in-Class Leadership
The leadership and expertise of our Marine and Energy team can help you grow your business.
Andreas Graham, Niche President, inspires his team to expand writings in both Marine and
Energy – finding new areas of product and geographic growth to provide you with service you
can depend on.
Marine Products
We provide a strong portfolio of capacity and coverage. It includes Primary and Excess for Marine
liability and Umbrella and Excess for Energy liability with excellent security. We know this is a key
consideration when purchasing coverage for long tail liabilities. You can depend on us to deliver
exceptional coverage and service everywhere you need it.
MARINE
LIABILITIES
ENERGY
CARGO
HULL
& MACHINERY
Acquisitions
2010
The ProSight Team
NYMAGIC
NYMAGIC was purchased to provide a platform to write both admitted
and non-admitted business.
2011
LLOYD’S SYNDICATE 1110
This acquisition included the Syndicate’s cover holder, TSM Agencies,
Ltd. It was purchased to provide a global platform to complement our
Media and Marine books as well as to expand into new product lines. In
February of 2015, ProSight was approved for its own Lloyd’s managing
agent, ProSight Specialty Managing Agency Limited, to manage ProSight’s
Syndicate 1110 at Lloyd’s. It allows the company to operate very efficiently
and to grow in other parts of the world.
Excellent Financial Strength
Andreas Graham
Niche President
AGraham@prosightspecialty.com
646-632-5121
Terrence McCormick
Distribution Executive – Marine
TMcCormick@prosightspecialty.com
212-551-0769
James Donaldson
Underwriter
JDonaldson@prosightspecialty.com
212-551-0783
Nancy Nodop
Underwriter
NNodop@prosightspecialty.com
The underwriting members of the ProSight Specialty Insurance group of
companies* are rated “A” (Excellent) by A.M. Best.
212-551-0673
Syndicate 1110 at Lloyd’s of London is rated “A” (Excellent) by A.M. Best.
These ratings demonstrate ProSight’s strong ability to meet ongoing
obligations to policyholders, a well-built balance sheet, and powerful
operating performance per the industry-wide standards established by
A.M. Best.
Underwriter
Strong Balance Sheet, Significant Premium Growth &
Consistent Profitability
ProSight has an excellent balance sheet with approximately $379 million in
policyholders’ surplus and over $1.29 billion in statutory assets.
A Business Model Designed to Evolve an Industry
Founded to respond to evolving customer needs in an industry that
lacks innovation, ProSight focuses on markets where we have unequaled
expertise. We partner exclusively with specialist distributors who have a
deep understanding of their customers.
*New York Marine and General Insurance Company, Gotham Insurance Company and Southwest Marine and
General Insurance Company
Learn more
Visit prosightspecialty.com/Marine
Tracy Markowski
TMarkowski@prosightspecialty.com
212-551-0674
Peter DiLalla
Underwriter
PDillala@prosightspecialty.com
973-532-1703
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