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ProWriters Acquired, Operates as Independent MGU

ProWriters Acquired, Operates as Independent MGU

Industry veteran Brian Thornton acquires professional and management liability program from Venture Insurance Programs and re‐launches with focus on the financial and healthcare industries.

West Chester, Pa. — November 28, 2012 — ProWriters (www.prowritersins.com), formerly a professional liability division of Venture Insurance Programs, has become an independent Managing General Underwriter (MGU). Brian Thornton, the new president of ProWriters and a 13‐year veteran of the insurance industry, has acquired the program.

ProWriters provides professional and management liability insurance to specific industry segments including a focus on financial and healthcare industries. Delivered exclusively through agents and brokers, ProWriters offers Directors & Officers (D&O), Errors & Omissions (E&O), Employment Practices Liability (EPL), Crime, and Cyber & Privacy Liability coverage.

“ProWriters offers a strong value proposition for agents and brokers, as well as the carriers on whose behalf we write business,” Thornton said. “We are a specialized professional liability underwriting resource for agents and brokers, supported by tailored risk management services.”

ProWriters offers agents and brokers access to insurers rated “A‐” to “A++” by A.M. Best Company, with international capacity and excess limits available as well as risk management services.

 

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Prior to acquiring ProWriters, Thornton was southwest regional executive and senior vice president for Hiscox Inc. He was responsible for opening regional offices in Los Angeles and Chicago, recruiting quality underwriting staff and building relationships with local agents and brokers. Before Hiscox, he worked as an underwriter for Chubb and National Union (AIG). Agents and brokers seeking information on ProWriters can contact Thornton at 610‐701‐1484 or [email protected].

About ProWriters
ProWriters (www.prowritersins.com) is a Managing General Underwriter specializing in Professional and Management Liability Insurance for select industries, including financial and healthcare organizations. The company offers intelligent insurance solutions to agents and brokers, including D&O, E&O, EPLI, Crime, and Cyber & Privacy Liability products, as well as tailored risk management services.

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