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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

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...

    Articles 2008-08-25

  • 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...

    Articles 2008-07-31

  • 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...

    Articles 2008-06-30

  • 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-"...

    Articles 2008-06-30

  • 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....

    Articles 2008-06-30

  • 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...

    Articles 2008-06-17

  • 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...

    Articles 2008-06-01

  • 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...

    Articles 2008-05-15

  • 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...

    Articles 2008-05-06

  • 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. ...

    Articles 2008-04-01

  • 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...

    Articles 2008-03-10

  • 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:...

    Articles 2008-02-27

  • 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...

    Articles 2008-02-15

  • 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)...

    Articles 2008-02-08

  • 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...

    Articles 2008-01-01

  • 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...

    Articles 2007-11-15

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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

http://www.darwinpro.com

860 284-1300

NAICS Code

Direct Property and Casualty Insurance Carriers: 524126
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