Product expansion adds to success of Executive Shield program
SCOTTSDALE, Ariz., Feb. 26, 2025 / PRNewswire/ – Templar Specialty announced today that it is now expanding its executive and professional liability insurance offerings to include excess and A-side Directors & Officers coverage to public companies. This follows the success of Templar Specialty’s Executive and Professional Shield, a suite of coverages including D&O, EPL, fiduciary crime and miscellaneous E&O insurance for the not-for-profit and private sector, launched in 2022.
Founded by industry veterans, Matt Tusinski and Nick Denges, Templar Specialty’s executive and professional liability coverages are written on a primary and excess basis and may be written as stand-alone or combined into a single, “package” policy and come with an array of limit and retention options. In addition to the core primary coverages, Templar’s Executive and Professional Shield programs also offer a simplified excess form, and a robust standalone A-side DIC form.
“We are excited to bring our depth of knowledge and industry experience to serve the public company market where there is a clear need for capacity partners who are both trusted and able to act quickly,” said Tusinski, Templar Specialty’s President and Managing Director. “This expanded offering is an important step for Templar. It reflects our commitment to serving our broker partners and growing our presence in the executive and professional liability market.”
This expansion comes during a time of significant regulatory changes for businesses, growing market volatility, and shifts in international business practices. The number of securities class action filings increased for the second consecutive year in 2024.