Endurance Global Risk Solutions Launches New Workers' Compensation Product
23 August 2016 - 6:15AM
PEMBROKE, Bermuda - August 22, 2016 - Endurance
Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty
provider of property and casualty insurance and reinsurance,
announced today that it has launched a new workers' compensation
insurance product for its Global Risk Solutions clients. Global
Risk Solutions, a new business line launched earlier this year
within Endurance Insurance, targets middle market and large account
risk management clients within select global industry verticals.
The new platform, headed by Michael Chang, CEO of Global Risk
Solutions, writes all property and casualty lines of business and
is initially focused on the Real Estate & Hospitality,
Financial Institutions and Professional Services industries in the
U.S.
Mr. Chang commented, "The addition of the Workers'
Compensation policy is an important complement to our already
extensive portfolio of product offerings. As we build our Global
Risk Solutions account base, this new capability opens additional
opportunities to Endurance as we offer broader multi-line coverage
to clients in the industries where we have deep expertise. We pride
ourselves on our white glove service, delivered by industry and
product specialists and tailored to the exposures of each
account."
Nilo Enriquez, Senior Vice President, Casualty
Product Leader for Global Risk Solutions, added "Our team has
extensive experience managing workers' compensation exposures
including selection and underwriting of risks, engineering and loss
prevention initiatives and expert claims management services. We
are selective in our risk partners and seek clients within our
areas of industry focus who value a long-term stable provider of
workers' compensation coverage."
About Endurance Specialty
Holdings
Endurance Specialty Holdings Ltd.
is a global specialty provider of property and casualty insurance
and reinsurance. Through its operating subsidiaries, Endurance
writes agriculture, professional lines, property, marine and
energy, and casualty and other specialty lines of insurance and
catastrophe, property, casualty, professional lines and specialty
lines of reinsurance. We maintain excellent financial strength as
evidenced by the ratings of A (Excellent) from A.M. Best (XV size
category), A (Strong) from Standard and Poor's and A2 from Moody's
on our principal operating subsidiaries. Endurance's
headquarters are located at Waterloo House, 100 Pitts Bay Road,
Pembroke HM 08, Bermuda and its mailing address is Endurance
Specialty Holdings Ltd., Suite No. 784, No. 48 Par-la-Ville Road,
Hamilton HM 11, Bermuda. For more information about
Endurance, please visit www.endurance.bm.
Contact
Investor Relations
Phone: +1 441 278 0988
Email: investorrelations@endurance.bm
# # #
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Endurance Specialty Holdings Ltd via
Globenewswire
HUG#2036590
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