BNET Industries
Darwin Professional Underwriters Inc. (DR) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $203.4M
- Profit
- Dec 31 2007
- $32.2M
- Market Cap
- Oct 10 2008
- $474.7M
Latest News and Analysis
Darwin Professional Underwriters, Inc. Q1 2008 Earnings Call Transcript
Earnings Call ExcerptDarwin Professional Underwriters, Inc. DR Q1 2008 Earnings Call Transcript April 28, 2008 4:00 pm ET Executives Stephen Sills – President and CEO Jack Sennott – SVP and CFO David Newman – SVP and Chief Underwriter Analysts Matthew Carletti – FPK John Gwynn – Morgan Keegan Alan...
Darwin Professional Underwriters Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Charlie Gates from Credit Suisse. Please proceed. Charles Gates - Credit Suisse One question I have is could you elaborate on the competitive environment in your three major lines? Stephen J. Sills They’re competitive. There are...
Medical Facilities Corp Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from James Dunn of MacKenzie Financial. Please go ahead. James Dunn - MacKenzie Financial Good morning, gentlemen. My first question is with respect to Dakota Plains. I noticed that the [inaudible] ownership has gone up to 64.6% in the...
Darwin Professional Underwriters Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions. And your first question will come from the line of Matt Carletti of Fox-Pitt Kelton. Please proceed. Matt Carletti - Fox-Pitt Kelton Good morning. Jack Sennott Good morning, Matt. Matt Carletti - Fox-Pitt Kelton Hey Jack, I was hoping that you could give...
Additional Resources
Darwin to Purchase Great American's Lawyers Professional Liability Business
FARMINGTON, Conn., Aug. 25 /PRNewswire-FirstCall/ -- Darwin Professional Underwriters, Inc. and Great American Insurance Company today announced an agreement whereby Darwin will acquire renewal rights to Great American's roughly $20 million of small, standard market Lawyers Professional Liability LPL insurance business and related assets. Darwin currently has over...
Darwin To Announce Second Quarter 2008 Financial Results
FARMINGTON, Conn., July 31 /PRNewswire-FirstCall/ -- Darwin Professional Underwriters, Inc. Darwin today announced that it expects to release its second quarter 2008 financial results before the markets open on Friday, August 8, 2008. Earnings will be distributed via Press Release only. There will be no conference call to...
Alleghany Corporation's Subsidiary Darwin Professional Underwriters, Inc. Enters into Merger Agreement
NEW YORK -- Alleghany Corporation (NYSE:Y) announced today that its subsidiary Darwin Professional Underwriters, Inc. ("Darwin") has entered into a merger agreement with Allied World Assurance Company Holdings, Ltd. ("Allied World") whereby Allied World will acquire all of the issued and outstanding shares of Darwin common stock...
A.M. Best Places Ratings of Subsidiaries of Darwin Professional Underwriters, Inc. Under Review With Positive Implications
OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating FSR of A- Excellent and issuer credit ratings ICR of "a-" of Darwin Group Darwin (Wilmington, DE) and its members under review with positive implications. Concurrently, the FSR of A- Excellent and ICR of "a-"...
A.M. Best Comments on Ratings of Allied World Assurance Company Holdings, Ltd. and Its Subsidiaries
OLDWICK, N.J. -- A.M. Best Co. has commented that the ratings of Allied World Assurance Company Holdings, Ltd Allied World Bermuda [NYSE: AWH] and its subsidiaries remain unchanged following the recent announcement that the company has entered into a definitive agreement to acquire Darwin Professional Underwriters, Inc....
A.M. Best Downgrades Ratings of Vantapro Specialty Insurance Company and Places Under Review
OLDWICK, N.J. -- A.M. Best Co. has downgraded the financial strength rating FSR to A- Excellent from A Excellent and issuer credit rating ICR to "a-" from "a" of Vantapro Specialty Insurance Company Vantapro (Chicago, IL) formerly Midway Insurance Company of Illinois Midway. The ratings have been...
IT'S EVOLUTIONARY
Darwin Professional Underwriters expands its portfolio and reaches out to retail producers If you're a specialty underwriter named Darwin, one thing's for sure: You're never standing still. And if you're Darwin Professional Underwriters, with a focus on tough professional liability risks, you're constantly evolving to identify...
Alleghany Announces Dividend to Be Paid on Its 5.75% Mandatory Convertible Preferred Stock
NEW YORK -- Alleghany Corporation (NYSE:Y) announced today that a dividend of $3.8036 per preferred share will be paid on its 5.75% mandatory convertible preferred stock on June 16, 2008 to holders of record on June 2, 2008. Alleghany is engaged through its subsidiary Alleghany Insurance Holdings LLC...
OneShield, One Relationship: Driving Sales Through Partnership With PixelMEDIA
OneShield, a leading insurance software andservices provider with clients such as The Hanover Insurance Group andDarwin Professional Underwriters, recently re-launched its web presenceafter engaging long-time partner PixelMEDIA to create a new face fittingits explosive growth. In many ways, they helped create the need: OneShieldhas enjoyed dramatically increased visibility, increased...
Darwin enhances lawyers' coverage.(Property/Casualty)(Brief article)
[ILLUSTRATION OMITTED] Darwin Professional Underwriters Inc. has enhanced its professional liability coverages for lawyers. Limits of up to $10 million are available for firms ranging in size from one to 100 attorneys. Darwin also has added coverage benefits through two new endorsements. ...
Darwin Introduces New Managed Care Corporate Liability Insurance
Single, Integrated Policy Provides E&O, D&O, EPL, Fiduciary, Media, Network Security and Data Privacy Coverage FARMINGTON, Conn., March 10 /PRNewswire-FirstCall/ -- Darwin Professional Underwriters, Inc. Darwin, has introduced a new multi-coverage corporate liability insurance product for managed care organizations. In a single, comprehensive policy, Darwin has...
Darwin Professional Underwriters, Inc. Reports Record Net Income of $10.9 Million for the Fourth Quarter
Net income increases 88% and net premiums written increase 22% over the comparable year-earlier quarterly results FARMINGTON, Conn., Feb. 27 /PRNewswire-FirstCall/ -- Darwin Professional Underwriters, Inc. ("Darwin," the "Company," or "Our") today announced its financial results for the fourth quarter ended December 31, 2007. Highlights include:...
Alleghany Announces Dividend to Be Paid on Its 5.75% Mandatory Convertible Preferred Stock
NEW YORK -- Alleghany Corporation (NYSE:Y) announced today that a dividend of $3.8036 per preferred share will be paid on its 5.75% mandatory convertible preferred stock on March 17, 2008 to holders of record on March 3, 2008. Alleghany is engaged through its subsidiary Alleghany Insurance Holdings LLC...
A.M. Best Assigns and Affirms Ratings of Darwin Professional Underwriters, Inc
OLDWICK, N.J. -- A.M. Best Co. has assigned an issuer credit rating ICR of "bbb-" to Darwin Professional Underwriters, Inc. DPUI (Wilmington, DE) {www.darwinpro.com} (NYSE: DR). Concurrently, A.M. Best has affirmed the financial strength rating FSR of A- Excellent and ICRs of "a-" of the Darwin Group Darwin (Wilmington, DE)...
OTHER MARKET NEWS
* Darwin Professional Underwriters Inc. joined Wolf Professional Risk to acquire Agency Marketing Services Inc. of St. Petersburg, Fla. The acquisition will be effected through a new Darwin affiliate, Evolution Underwriters Inc. Headquartered in Florida, EUI will function as a stand-alone entity focused on the professional liability insurance arena. For...
Alleghany Announces Dividend to Be Paid on Its 5.75% Mandatory Convertible Preferred Stock
NEW YORK -- Alleghany Corporation (NYSE:Y) announced today that a dividend of $3.8036 per preferred share will be paid on its 5.75% mandatory convertible preferred stock on December 17, 2007 to holders of record on December 3, 2007. Alleghany is engaged through its subsidiary Alleghany...
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- Incorporated: 2003
- CEO: Mr. Stephen J. Sills
- Employees: 163
Darwin Professional Underwriters is a holding company. Co.'s subsidiaries engage in insurance underwriting and distribution in the specialty commercial property-casualty insurance market. The bulk of Co.'s business is the underwriting and administration of liability insurance policies within one of three professional liability lines: Directors and Officers Liability; Errors and Omissions Liability; and Medical Malpractice Liability. Co. also writes General Liability insurance via its program administrator agreement with Empire Insurance Services, LLC. Co.'s insurance group includes an admitted company (Darwin National Assurance Co.) and a surplus lines company (Darwin Select Insurance Co.).
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Darwin Professional Underwriters Inc. Company Info
Board of Directors
Mr. Stephen J. Sills
Mr. John L. Sennott Jr.,CPA,
Mr. R. Bruce Albro
Mr. Phillip N. Ben-Zvi
Mr. Christopher K. Dalrymple
Mr. Weston M. Hicks
Dr. William C. Popik M.D.
Mr. George M. Reider Jr.
Mr. Irving B. Yoskowitz
Contact Information
9 Farm Springs Road
Farmington, CT
860 284-1300
NAICS Code
Direct Property and Casualty Insurance Carriers: 524126Brought to you by IBM
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