Home Insurance Law Sands Level launches with transaction legal responsibility insurance coverage observe

Sands Level launches with transaction legal responsibility insurance coverage observe

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Sands Level launches with transaction legal responsibility insurance coverage observe

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A crew of ex-Twin executives have launched managing common agent (MGA) Sands Level Danger, specialising in transaction legal responsibility insurance coverage (TLI).

Sands Level Danger has introduced the graduation of its operations with a devoted TLI observe.

The brand new enterprise, which is backed by personal fairness investor Avesi Companions, goals to seize alternatives throughout monetary and P&C insurance coverage strains of enterprise.

With the TLI observe, Sands Level will present a complete vary of merchandise together with illustration and warranties, tax legal responsibility and contingent legal responsibility insurance coverage.

The choices are aimed toward safeguarding entrepreneurs, traders and trade stakeholders whereas managing transaction dangers.

The senior management crew at Sands Level consists of seasoned professionals with a confirmed observe report in TLI.

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Sands Level’s crew is led by CEO Dennis Kearns, government vice-presidents Patrick Darragh and Dan Simnowitz, and chief working officer JoAnna Conte.

Kearns has greater than 25 years of expertise in underwriting, product improvement, coverage drafting and claims.

Earlier than becoming a member of Sands Level, Kearns arrange the transaction options programme at Twin.

Darragh brings greater than twenty years of expertise in underwriting, specializing in transactional threat and administration legal responsibility for administrators and officers insurance coverage for each private and non-private firms.

Simnowitz, with a 17-year tenure within the insurance coverage trade, has held varied roles and was a part of the management crew for the Transaction Options programme at Twin.

Conte brings greater than 20 years of expertise throughout business underwriting, specialty operations and expertise options inside the insurance coverage trade.

Sands Level Danger chief government officer Dennis Kearns stated: “Along with a world-class management crew, Sands Level is lucky to have the super help of personal fairness agency Avesi Companions, which was instrumental in our formation and can present important monetary help and entry to its assets and experience.

“Sands Level is dedicated to delivering distinctive underwriting and repair to assist our clients navigate threat exposures arising from M&A [mergers and acquisitions], tax therapies and litigation. Our purpose is to assist entrepreneurs anticipate and mitigate transaction threat and drive worthwhile underwriting outcomes. We will even be on the lookout for alternatives to ship this identical degree of best-in-class underwriting and customer support in different specialised insurance coverage strains as we construct out the Sands Level platform.”


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