04-Aug-2015

Pioneer launches Excess and Surplus Casualty division with appointment of Jim Pratte

Pioneer Underwriters (‘Pioneer’) announces its new Excess & Surplus Casualty underwriting capability, with the appointment of Jim Pratte as Executive Vice President, effective immediately. He will report to Darren Doherty, CEO of Pioneer Underwriters.

Operating from Pioneer Special Risk’s Atlanta office, the division will have a broad appetite for Primary and Excess Casualty placements, within the US Excess and Surplus lines market. The division will focus on an even mix of non-admitted primary & excess liability business among construction, manufacturing and general service or installation. Coverage will include primary commercial general liability, products liability and excess umbrella in lower layers. Excess casualty will be written on both a supported and unsupported underlying basis, with capacity of up to $5 million, throughout the US. All casualty products are offered on a non-admitted basis.

Jim Pratte has 35 years experience in the insurance sector. He joins from Maxum Specialty Insurance Company (MSIC) where, since 2007, he led the Primary and Excess lines portfolio. Prior to MSIC, Pratte was Senior Vice President at Axis Insurance Company. Previous employers also include General Star Insurance Co. and St. Paul Surplus Insurance Co. (now Travelers).

Darren Doherty, CEO of Pioneer Underwriters, commented:

“I am very pleased to welcome Jim to Pioneer as we launch our Excess & Surplus Casualty division, the latest development in our ongoing operational expansion. We see enormous opportunity in this area of the market and, with over three decades of experience writing and building profitable long term books of business, Jim will play an important role as Pioneer continues to grow its presence in the US marketplace.”

Jim Pratte said:

“I am delighted to be joining Pioneer which, with its growing reputation for technical underwriting expertise and operational flexibility, offers the perfect platform from which to grow a market leading book of excess and surplus casualty business.”
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