News

Professional Risk Facilities & Vault Announce Underwriting Partnership

FOR IMMEDIATE RELEASE

[JERICHO, NY, SEPTEMBER 12, 2022] – Professional Risk Facilities (“PRF”) and Vault Commercial (“Vault”) today announced a partnership (the “Program”) whereby PRF, acting as a managing general agent (“MGA”), will be underwriting management and professional liability insurance coverages on behalf of Vault E&S Insurance Company for directors & officers liability (D&O), employment practices liability (EPLI), fiduciary liability and errors & omissions (E&O) risks. The Program is designed for companies with annual revenues up to $500MM for management liability coverage and revenues up to $50MM for a wide variety of E&O risks. The Program will offer primary limits up to $2MM and excess limits up to $5MM.

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Welcome to Our Newest Broker, Elana Snyder

We’re happy to announce that Elana Snyder recently joined ARC Excess & Surplus as a broker on Maria Treglia’s team after 14 years of underwriting Professional Liability Insurance. Before Elana found her way to ARC, she was SVP of Miscellaneous Professional Liability at Ambridge Partners Inc (and Brit Global Specialty USA prior to the merger). Her responsibilities included product and strategy development, underwriter management, and relationship management of their MPL Professional Liability portfolio.

We are excited to have such an experienced and highly professional addition to the ARC team!

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Maria Treglia Recognized by IBA NY During Women’s History Month

ARC is proud to congratulate one of our principal brokers, Maria Treglia, for being showcased by The Insurance Broker Association of The State of New York (IBANY). Maria is being recognized during Women’s History Month for being a female leader, who serves on the IBANY Board of Directors and is a Committee Co-Chair.

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Ukrainian Relief Donations

The Town of Oyster Bay is holding a Humanitarian Relief Drive to help those suffering and displaced in Ukraine. The drive is being held from Monday, March 7th through Friday, March 25th. Collection bins are located at Town Hall South, Town Hall North, and at the Town of Oyster Bay Ice Skating Center located at Bethpage Community Park.

ARC employees have already made two trips of donations (one last week and one this week) in support of Ukrainian relief efforts. Among the desperately needed items that were donated were diapers and wet wipes, masks, bandages, and personal hygiene products.

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ARC Employees at the 2022 PLUS D&O Symposium

Several ARC employees played key roles again at this year’s PLUS (Professional Liability Underwriting Society) D&O Symposium, held on March 1st and 2nd at the Marriott Marquis in New York, as well as a winner of the Founders Award.

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A Generous Donation to the Children’s Hospital of Philadelphia

Robin Valerio and our Mid-Atlantic team worked together to collect and donate 175 Scentsy Buddies to the Children’s Hospital of Philadelphia. This generous donation put smiles on the faces of children throughout the pediatric hospital.

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Elite Women of 2021 – Heather Fox

We would like to congratulate Heather Fox, General Counsel and Chief Brokerage Officer at ARC, on being recognized by Insurance Business America as one of the Elite Women of 2021! Heather’s diverse experience within the insurance industry, combined with her passion for empowering other women and helping them achieve their goals in the sector make this recognition well deserved.

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Sompo & ARC – E&O Coverage for Smaller Law Firms

Smaller law firms face many of the same professional liability exposures as their larger counterparts but often find it difficult to access tailored insurance solutions to meet their specific risk management needs. Sompo International’s U.S. Lawyers’ Professional Liability (LPL) team has partnered with ARC Excess & Surplus to distribute the flexible solutions and industry experience needed to protect small but growing law firms.

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Toys for Tots Scentsy Buddy Donation

ARC Excess & Surplus offices around the country participated in a Toys for Tots drive that also included Scentsy Buddies – stuffed animals (some are Disney, Star Wars, Marvel) that kids love because they are a great comfort, they smell good, and are a great size for a child to cuddle with.

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“The Resurgence of Special Purpose Acquisition Corporations and D&O Insurance Market Considerations” Webinar

Michael Cavallaro, President and Chief Executive Officer of ARC Excess & Surplus, recently moderated a webinar on the resurgence of SPAC’s and the D&O insurance market considerations. Please click below to view the webinar.

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