NEW YORK, NY, Feb. 25, 2014 (GLOBE NEWSWIRE) -- The Navigators Group, Inc. (NASDAQ:NAVG) announced today that its principal underwriting agency subsidiary, Navigators Management Company, Inc. has expanded its Specialty Professional Liability division by launching an Allied Healthcare Errors & Omissions product to be managed by Rocco J. Malandrino based in Schaumburg, IL. Coverage solutions are available for over 200 classes of Allied Healthcare risks--from blood banks to medical spas.
"We are pleased to offer another Professional Liability product that meets the growing needs of our insureds and Specialty partners," said Mr. Malandrino, Vice President of U.S. Errors & Omissions. "To address these needs, the new Allied Healthcare product can also include coverage for medical directors, students and volunteers."
Henry A. Lopez, President of Navigators Specialty's U.S. Professional Liability division added, "We pride ourselves on innovation and responding to our producers and policyholders with competitive products and exemplary service, and Allied Healthcare E&O will prove to be an important addition to our offerings of value-added specialty solutions."
The Navigators Group, Inc. is an international specialty insurance holding company with insurance company operations, underwriting management companies, and operations at Lloyd's. With its corporate headquarters in Connecticut and insurance operations based in New York and London, Navigators has offices in major insurance centers in the United States, the United Kingdom and Continental Europe, as well as representatives in China and Brazil.
This press release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Whenever used in this release, the words "estimate," "expect," "believe," "may," "will," "intend," "continue" or similar expressions are intended to identify such forward-looking statements. We cannot assure that results that we anticipate will be achieved, since results may differ materially because of known and unknown risks and uncertainties that we face. Please refer to Navigators' most recent Forms 10-K and 10-Q and its other filings with the Securities and Exchange Commission for a description of Navigators' business and the important factors that may affect that business. Navigators undertakes no obligation to publicly update or revise any forward-looking statement.
Source:The Navigators Group, Inc.