Endurance has brought in 30-year insurance veteran, Sophia Phillips, who has been responsible for the successful launch of marine insurance units at several national carriers, to establish a new inland marine insurance unit. Phillips will come into the company as a senior vice president.
According to Endurance, the new business unit will work with producers across the US, initially from Endurance’s Chicago office with additional underwriting centres planned in other major cities.
Jack Kuhn, CEO of global insurance at Endurance Specialty, toldBermuda:Re: “Endurance is committed to expanding our product offerings in the US specialty insurance market by adding niche products such as inland marine. When we had an opportunity to secure a recognised leader in this area like Sophia Philips it made the decision to enter this market an easy one. The team’s depth of expertise and client focus will complement our existing insurance capabilities.”
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