Latest news with #DistinguishedPrograms
Yahoo
4 days ago
- Business
- Yahoo
Distinguished Programs Appoints Christina Ross as Vice President, Fine Art Expert in Fine Art and Collectibles Program
NEW YORK, August 06, 2025--(BUSINESS WIRE)--Distinguished Programs ("Distinguished"), a national insurance program administrator and MGA, announced the appointment of Christina Ross as vice president, fine art expert, for its Fine Art & Collectibles program. Ross brings more than two decades of experience in the fine art insurance industry, with expertise in underwriting, art market analysis, and business development. She has held leadership positions at several prominent carriers, including Tokio Marine Highland, Markel, and AXA Art Insurance Corporation. Based in California, Ross has cultivated a nationwide network of brokers, collectors, and art industry professionals, making her a trusted resource across the sector. "Christina has spent decades advising on valuation, appraisal, conservation, and loss prevention, making her an invaluable resource for our brokers," said Patrick Drummond, president of Distinguished's Fine Art & Collectibles program. "She understands the unique risks associated with fine art and collectibles and how to protect against them. We're excited to have her on our team to strengthen our program and support our broker partners." "Distinguished has built a strong reputation in the fine art insurance & collectibles space, and I'm excited to bring my experience to further support our brokers and their clients," said Ross. "Together, we can navigate the evolving risks of today's art market and ensure that valuable collections are properly safeguarded." Throughout her career, Ross has developed a reputation for delivering thoughtful, client-focused solutions for both private and corporate collections. She is dedicated to helping brokers and clients navigate the complexities of insuring high-value art and collectibles, maintaining comprehensive protection and peace of mind. For more information about Distinguished and its Fine Art & Collectibles insurance solutions, visit About Distinguished ProgramsDistinguished Programs is a leading national MGA and program manager for specialty property & casualty insurance. The company places insurance in niche sectors such as commercial real estate, hotels & restaurants, community associations, environmental & construction professional, cyber, surety, executive lines, inland marine and fine arts & collectibles. On behalf of its insurance carrier partners, Distinguished typically manages all aspects of the placement process, including product development, marketing, underwriting, policy issuance and claims. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. View source version on Contacts Media Contact: Ritchie Vener(212) 297-3190rvener@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-07-2025
- Business
- Yahoo
Distinguished Programs and Wright Flood Team Up to Offer Flood Coverage for Community Associations
NEW YORK, July 30, 2025--(BUSINESS WIRE)--Distinguished Programs ("Distinguished"), a national insurance program administrator and MGA, today announced a new collaboration with Wright Flood to provide Flood insurance for its Community Associations program. Distinguished's partnership with Wright Flood adds another layer of protection to its Community Associations program, which includes Package, Directors & Officers, Crime, Umbrella and Cyber products. Wright Flood's expertise in the Flood insurance market enhances the value brokers can deliver to their clients. This collaboration strengthens Distinguished's position as a onestop shop for community associations coverage. "Community associations face unique risks and floods are one of them," said Barbara Bartson, president of Distinguished's Community Associations program. "With this integration, brokers can easily add Flood coverage through Wright Flood after submitting an eligible Community Associations application. This innovation simplifies the process and delivers a more complete solution for their clients." "Flood insurance is all we do, and collaborating with Distinguished allows us to extend that knowledge to an even larger network of brokers," said G. Michael Sloane, Wright Flood's executive vice president and chief marketing officer. "Where it can rain, it can flood. Whether a property is inside or outside of a high-risk flood area, we encourage property owners to consider purchasing Flood insurance for the protection and peace of mind it brings. Together, we're providing a trusted solution for community associations across the country." For more information on available Community Association insurance coverages, visit the Distinguished website. About Wright FloodWright Flood – the largest flood insurance provider in the nation – offers federal, excess, and private flood insurance. It is rated A (Excellent) by AM Best. Wright Flood takes pride in user-friendly technology, exceptional claims reputation, and providing service clients deserve. Our network of more than 17,000 independent agents has assisted flood insurance policyholders to recover through more than 40 years of hurricanes, nor'easters, spring thaw flooding, levee failures and even some unexpected downpours. Agents and consumers can learn more about Wright Flood at and About Distinguished ProgramsDistinguished Programs is a leading national MGA and program manager for specialty property & casualty insurance. The company places insurance in niche sectors such as commercial real estate, hotels & restaurants, community associations, environmental & construction professional, cyber, surety, executive lines, inland marine and fine arts & collectibles. On behalf of its insurance carrier partners, Distinguished typically manages all aspects of the placement process, including product development, marketing, underwriting, policy issuance and claims. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. View source version on Contacts Media Contact: Ritchie Vener(212) 297 3190rvener@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
White Mountains to buy majority stake in Distinguished Programs
White Mountains Insurance Group has agreed to acquire a 51% majority stake in Distinguished Programs, a programme manager for property and casualty insurance. The transaction involves White Mountains purchasing roughly 50% of Distinguished's outstanding equity interests for $230m, in addition to the 1% stake it currently holds in the company. Distinguished manages a diversified portfolio of 12 specialty property and casualty programmes, placing more than $550m in premiums annually. Its offerings include commercial real estate, hotels and restaurants, community associations, environmental and construction professional, cyber, surety, executive lines, inland marine, and fine arts and collectibles. The company's coverage extends to areas like cyber, surety, executive lines, inland marine, and fine arts and collectibles. White Mountains CEO Manning Rountree said: "We've been keen observers of Distinguished's recent progress, and we are pleased to make this acquisition alongside fellow shareholders and a seasoned management team we've known for many years. 'They are well-positioned in an attractive and dynamic market, and we look forward to partnering with the team to capitalise on the organic and inorganic growth opportunities ahead." The transaction, scheduled to close in the third quarter of 2025, is contingent upon regulatory approvals and other standard closing conditions. Post-acquisition, Distinguished Programs will continue to operate under the leadership of its current executives: CEO Bill Malloy, president Jason Rotman, and COO Steve Sitterly. Rotman stated: "Partnering with White Mountains marks a new and exciting chapter for Distinguished. We believe that their deep insurance expertise, outstanding track record and relevant resources make them the ideal partner for our next phase.' Aquiline Capital Partners, which is presently the controlling equity holder in Distinguished, will maintain a substantial minority interest in the company after the transaction is completed. In 2023, White Mountains invested $285m in Bamboo, an MGA specialising in California homeowners insurance, acquiring nearly 70% of the company's shares. "White Mountains to buy majority stake in Distinguished Programs " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
07-05-2025
- Business
- Business Wire
Distinguished Programs Welcomes Lily Landi as Regional Sales Executive for Fine Art and Collectibles Program
NEW YORK--(BUSINESS WIRE)-- Distinguished Programs, a national insurance program administrator, has announced the appointment of Lily Landi as regional sales executive for the West Region in its Fine Art and Collectibles program. Based in Seattle, Washington, Landi will be responsible for building broker relationships and expanding the program's presence across the West Coast. She brings a strong background in both the art and insurance industries, with expertise in risk assessment, coverage negotiations and client retention. A passionate stained glass artist, Landi's work has been featured in galleries and private commissions, giving her a unique perspective when advising clients on their specialized insurance needs. 'We are thrilled to welcome Lily to Distinguished,' said Patrick Drummond, president of the Fine Art and Collectibles program. 'Her deep understanding of both the art and insurance worlds, combined with her passion for client service, makes her a tremendous asset as we continue to expand our Fine Art and Collectibles program.' Prior to joining Distinguished, Landi held insurance roles focused on art collections and specialized risk management. She continues to be an active member of the Pacific Northwest art community and holds a degree in art history and political science from James Madison University. About Distinguished Programs Distinguished Programs is a leading national insurance Program Administrator and MGA providing specialized insurance programs to brokers and agents with specific expertise in Fine Art and Collectibles, Environmental and Construction Professional, Executive Lines, Inland Marine, Real Estate, Community Associations, Surety, Hotels, and Restaurants. Property and Liability products are distributed through a national network of agents and brokers. Serving the same core markets and partnering with the most stable and reputable carriers, Distinguished's high-limit Umbrella programs remain the clear choice in its area of specialty for superior coverage, competitive pricing, and attentive service. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. For more information, go to
Yahoo
21-04-2025
- Business
- Yahoo
Distinguished Programs Unveils New Business Owner's Policy (BOP) Product for Restaurants
NEW YORK, April 21, 2025--(BUSINESS WIRE)--Distinguished Programs ("Distinguished"), a leading national insurance program administrator, announced the launch of a Business Owner's Policy (BOP) for restaurants. The new offering, developed specifically for casual dining restaurants (with or without table service), is now available through Distinguished's Broker Connect portal. The addition of the BOP further strengthens Distinguished's comprehensive suite of restaurant-focused insurance products, which already includes package, umbrella and cyber coverage. With the Broker Connect portal, brokers can submit BOP business at any time, streamlining the process for greater speed and convenience. "With the addition of BOP, we're empowering brokers with a more complete solution for their restaurant clients," said Heidi Strommen, President of Distinguished's Primary Hospitality programs. "This product not only complements our existing product offerings but also emphasizes our focus on ease of doing business and delivering meaningful value to brokers and their clients." The coverage is backed by an A+ XV rated, admitted carrier and tailored to meet the needs of restaurants. The policy includes key protections such as business income loss resulting from off-premises utility service interruptions, food contamination, spoilage, employee dishonesty and identity fraud expense. Liquor liability coverage is available based on risk eligibility. Optional enhancements include data breach protection and increased liability limits. The BOP is available now for submissions nationwide, excluding Alaska, Florida, Hawaii, and New York. Brokers registered with Distinguished can submit BOP business on the Broker Connect portal. For more information, visit About Distinguished Programs Distinguished Programs is a leading national insurance Program Administrator and MGA providing specialized insurance programs to brokers and agents with specific expertise in Fine Art and Collectibles, Environmental and Construction Professional, Executive Lines, Inland Marine, Real Estate, Community Associations, Surety, Hotels, and Restaurants. Property and Liability products are distributed through a national network of agents and brokers. Serving the same core markets and partnering with the most stable and reputable carriers, Distinguished's high-limit Umbrella programs remain the clear choice in its area of specialty for superior coverage, competitive pricing, and attentive service. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. For more information, go to View source version on Contacts Media: Ritchie Vener(212) 297 3190rvener@ Sign in to access your portfolio
