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8 May 2024 Insurance

WTW MGU Verita expands casualty offering in US

The managing general underwriting (MGU) company of global broker WTW has expanded its suite of casualty offering which currently includes general liability, auto, and umbrella/excess liability coverages.

Verita has added a new workers’ compensation solution to its suite of casualty products. It is targeted towards mid-sized and larger companies throughout the US, particular industries including real estate, hospitality, financial institutions, and professional services companies.

Neal Enriquez, chief underwriting officer of Verita, said: “The Verita team is excited to round out our casualty offering with the launch of our new Workers’ Compensation product. The addition of a Workers Compensation product to Verita’s suite of casualty solutions allows us to provide a holistic casualty solution to our broker partners and insureds.”

Edward Chiang, CEO of Verita, added: “The launch of our new Workers’ Compensation capabilities represents a significant milestone for us. We are now providing a full suite of Casualty insurance solutions to our insureds and broker partners. I am also incredibly pleased with the new partnerships we have developed, setting the foundation for long-term success. Verita is poised to continue developing new products, along with strengthening its strategic partnerships across the platform.”

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