PEMBROKE, Bermuda - November 30, 2016 - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that Endurance U.S. Insurance has introduced a new Excess Casualty product for commercial transportation clients, distributed through a limited network of wholesale brokers specializing in the transportation market. The new product targets U.S. based transportation companies including mid-size trucking fleets, shuttle and van services.
Mr. Long commented, ""I am extremely pleased to welcome the E&S Transportation team to Endurance. The strength of Eric, Dale and Tal's collective experience and relationships with respect to lower-attaching transportation accounts is a natural complement to our current E&S Excess Casualty business. This initiative adds an important and timely capability to our product offering and has been very well received by our wholesale transportation broker partners."
Mr. Chris Sparro, Chief Executive Officer, U.S. Insurance, added "This is another strategic addition for Endurance as we continue to grow and diversify our portfolio to best meet our clients' needs. With deep technical expertise and a meaningful trading partner network, this management team brings a wealth of commercial transportation knowledge to Endurance. I am very pleased that we were able to attract these talented professionals to Endurance."
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.
Phone: +1 441 278 0988
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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