ProSight Global, Inc. (PROS) is expanding its insurance portfolio into the captive insurance market as part of a what it described as a strategic move that includes ProSight’s founder and former CEO Joe Beneducci stepping down from his current role …
ProSight Specialty Insurance announced that Joe Beneducci will be taking over the role of executive chairman for the insurer. Larry Hannon, who has been serving as ProSight’s chief operating officer, will succeed Beneducci as chief executive officer, effective immediately. Beneducci …
Randall & Quilter Investment Holdings Ltd. (R&Q) announced it has reached agreement with ProSight Specialty Insurance to novate the management of Syndicate 1110 to R&Q Managing Agency Ltd. (RQMA). Day-to-day claims handling on non-U.S. business will be outsourced to R&Q …
ProSight Specialty Insurance has appointed Michael Furgueson as managing director of ProSight Managing Agency, succeeding Bernard Mageean, who has decided to step down due to personal reasons. Furgueson takes up the post immediately, subject to all necessary regulatory approvals. ProSight …
