CorPro partners with AIG

CorPro Underwriting Managers, an underwriting unit of Ryan Specialty Group (RSG), has partnered with certain insurance company subsidiaries of American International Group, to provide management liability products.

The company will now offer directors and officers, employment practices, fiduciary and crime insurance coverage to small and mid-sized enterprises. Working exclusively through US wholesalers, CorPro’s clients will now be eligible to obtain coverage on AIG’s Private Edge Plus and Not-for-Profit Risk

This partnership provides a single point of entry exclusively for wholesale trading partners’ management liability business for small to mid-sized enterprises with revenues up to $50 million.

Patrick Ryan, RSG’s chairman & chief executive officer, said: “We look forward to working with AIG to help grow its market-leading franchise of management liability products. This new partnership between AIG and CorPro will offer the US wholesale brokerage community a centralised access point staffed with deep underwriting expertise dedicated solely to servicing small and medium-sized accounts.”