Alleghany acquires Rockhill's environmental book
CapSpecialty, through its wholly-owned subsidiary Capitol Indemnity Corporation, has acquired the renewal rights to Rockhill Insurance Group's environmental book of business.
Rockhill is a member of the State Auto Insurance Group, and CapSpecialty is an indirect wholly-owned subsidiary of Alleghany Corporation.
CapSpecialty, through its specialty carrier Capitol Specialty Insurance Corporation, will begin quoting all new business submissions made to Rockhill as well as renewals sometime in the first quarter of 2018.
Stephen Sills, CEO of CapSpecialty, commented, "By adding Rockhill's environmental book to CapSpecialty's existing environmental book, the company will further strengthen its presence in this important coverage segment for small to mid-sized businesses. Rockhill's brokers will be happy to hear that we are bringing on the Rockhill employees currently working on this book."
Tony Anzalone, head of specialty casualty at CapSpecialty, added: "CapSpecialty is committed to offering our wholesale brokers and insured customers access to strong environmental coverage, and Rockhill's appetite, products and focus on small to mid-sized business are all well aligned with those of CapSpecialty."
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