Lancashire US expands with three new product lines

Lancashire Insurance US has expanded its product portfolio with the addition of financial lines, inland marine and environmental liability.

The new product lines double the US operation’s underwriting offering and complement its existing classes of energy casualty, property and general casualty.

Lancashire said Jason Rubman has been appointed senior vice president, financial lines.

He joins from Axis Capital, where he was most recently head of financial institutions, lower middle market.

Rubman has more than 25 years’ experience in financial and professional lines markets.

Lauren Berry has been appointed senior vice president, inland marine.

She was most recently senior vice president and head of inland marine and inland/ocean marine programmes at Hudson Insurance.

Berry was previously vice president and chief underwriting officer, inland marine, at Travelers.

Janice Nunziata has been appointed senior vice president, environmental liability.

She joins from Everest, where she was assistant vice president and product line manager.

Nunziata has also held roles at Philadelphia Insurance Companies, AIG and Chubb.

Alex Maloney, group CEO of Lancashire, said: “This significant expansion of Lancashire Insurance US is testament to the strength of our franchise and the success of the US operation to date.

“These new product lines will add further strength to the Group as we continue to invest in our business to maintain our underwriting momentum in line with the market opportunity.”

Lancashire Insurance US operates under delegated authority arrangements with Lancashire Group’s London market insurance carrier and Lloyd’s managing agent.

The business focuses on the US commercial excess and surplus market.

James Flude, CEO of Lancashire Insurance US, said: “I am delighted to welcome Jason, Lauren and Janice to Lancashire Insurance US.

“Our ability to attract such strong talent reflects our focus on creating an environment where underwriting excellence can thrive and the positive culture that we have across the Lancashire Group.

“Since our US business was launched two years ago, we have built strong and valued partnerships across our markets.

“We have fantastic teams, both within our underwriting and support functions, and I would like to thank everyone within Lancashire Insurance US for their hard work and dedication,” Flude added.