H.W. Kaufman Group Partners with RB Jones Marine, ProSight Specialty Insurance

H.W. Kaufman Group, a global network of companies, has expanded its subsidiary RB Jones as it partners with ProSight Specialty Insurance to become the exclusive administrator for its Marine Solutions and Excess Energy niches.

With this partnership, RB Jones Marine – a business unit exclusively focused on commercial marine and excess energy – will assume underwriting and servicing for the company’s Marine Liability, Marine Excess, brown-water Hull and Excess Energy placements.

ProSight will continue to write marine lines of business as part of its differentiated all-lines offerings in other niches. This transition is effective on September 15, 2019. As part of the partnership, ProSight’s former niche president of Marine and Energy, Mark Engel, has joined RB Jones Marine as managing director.

As managing director, Engel will oversee the operations and overall growth of RB Jones Marine. With nearly 20 years of experience through his roles with ProSight, AIG and Marsh, Engel has strategic planning and management skills as well as product development and placement experience. He and his team of associates will be based in the Greater New York area, reporting to Kaufman Davis.

Founded in 1905, RB Jones provides specialty risk coverage to brokers, agents and wholesalers. It is a member of H.W. Kaufman Group.

Founded in 2009 and headquartered in Morristown, N.J., ProSight Global Inc. is a property/casualty insurance company.

Source: H.W. Kaufman Group

Topics Mergers & Acquisitions Excess Surplus