BNET Industries

Darwin Professional Underwriters Inc.

(DR) is in the Financial Services Industry

Last Fiscal Year Sales:$203.4M
  • Public
  • US
Dow Jones Description

On October 20, 2008, Allied World Assurance Company announced the closing of its acquisition of Darwin. The acquisition accelerates Allied World?s expansion of its U.S. specialty insurance operations. Darwin, now a member company of Allied World U.S., will continue to build on its reputation for both product and technology innovation. We at Darwin are very excited about the opportunities this merger has presented to our company. Darwin will continue to offer industry-leading Health Care, Errors and Omissions and Risk Management Services as part of the Allied World U.S. Operation.

Number of Employees 163
Contact Information

9 Farm Springs Rd

Farmington, Connecticut 06032

darwinpro.com

(860) 284-1300

NAICS Code Direct Property and Casualty Insurance Carriers: 524126

Recent Events

  • Allied World Reports Second Quarter 2008 Operating Results; Declares Quarterly Dividend of $0.18 per Common...

    8/07/08 - Financial Announcement - View Story

  • Darwin Professional Underwriters, Inc. Reports First Quarter Net Income of $14.9 Million

    4/28/08 - Financial Announcement - View Story

  • Darwin Announces Departure of Senior Vice President

    3/28/08 - Mgmt. Change Leaving - Other - View Story

  • Darwin Announces Departure of Senior Vice President

    3/28/08 - Mgmt. Change - Leaving - View Story

  • Darwin Professional Underwriters, Inc. Reports Record Net Income of $10.9 Million for the Fourth Quarter

    2/27/08 - Financial Announcement - View Story

  • Darwin Professional Underwriters, Inc. Reports Record Net Income of $8.4 Million for the Third Quarter

    11/06/07 - Financial Announcement - View Story

  • Darwin Professional Underwriters, Inc. Reports Record Net Income of $7.8 Million for the Second Quarter

    8/08/07 - Financial Announcement - View Story

  • Darwin Professional Underwriters Reports Net Income Up 87% in Q1

    4/27/07 - Financial Announcement - View Story

  • Alleghany Corporation Reports 2006 Results - Stockholders' Equity Per Common Share Increases 15.1 Percent Since...

    2/27/07 - Financial Announcement - View Story

  • Darwin Announces the Election of Irving B. Yoskowitz to Its Board of Directors

    1/19/07 - Mgmt. Change - Entering - View Story

  • Darwin Professional Underwriters, Inc. Reports $58 Million of Second Quarter Gross Premiums and $3.4 Million...

    8/10/06 - Financial Announcement - View Story

  • Darwin Introduces Professional Liability Product for ART Facilities

    8/07/06 - Joint Venture / Alliance - View Story

News & Analysis

darwin professional underwriters inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Christopher Martin Paul S.V.P. -- Chief Actuary
David Newman S.V.P. --Chief Underwriting
Jack Sennott Director
Paul C. Martin Senior Vice President and Chief Actuary
Robert J. Asensio S.V.P. -- Chief Info. Officer
Francis Romano Paul S.V.P. --Underwrite, Distrib.
Mark I. Rosen S.V.P.--General Counsel
Nicole Haggerty Senior Vice President, Practice Lead
Paul Romano Senior Vice President Underwriting and Distribution
Laura P Martinez
Lisa Calafiore
Susan R Chmieleski Senior Vice President, Healthcare Product & Risk Management
George M. Reider Director
William C. Popik Director

Board of Directors

Name (plus bio) Position
Weston M. Hicks Chair
John L. Sennott Board of Directors
Darwin Professional Board of Directors
Phillip N. Ben Zvi Board of Directors
R. Bruce Albro Chair
James P. Slattery Board of Directors
Christopher K. Dalrymple Board of Directors
Stephen J Sills Board of Directors

From March 2003 until February 2005, Mr. Hicks, who chairs the Compensation Committee, served as chairman of the Board of Directors. Mr. Hicks did not receive any compensation for his service as chairman of the Board of Directors and, as President and chief executive officer of Alleghany, does not receive compensation for his service as director of the Company. Aside from Mr. Hicks prior service as chairman of our Board of Directors, none of the members of the Compensation Committee and none of our executive officers has had a relationship that would constitute an interlocking relationship with executive officers or directors of another entity or insider participation in compensation decisions.

Organization Position Status
Alleghany Corporation Chief Executive Officer Current
Alleghany Corporation President Current
Darwin Professional Underwriters, Inc. Chair Current
CFA Institute Board of Directors Current
Darwin Professional Underwriters, Inc. Board of Directors Current
Sanford C. Bernstein & Co., Inc. Director Current
Alleghany Corporation Board of Directors Current
AllianceBernstein Holding LP Director Current
CFA Institute Member Current
Darwin Professional Underwriters, Inc. President & CEO, Alleghany Corp Former
The Chubb Corporation Cfo Former
The Chubb Corporation Executive Vice President Former
Alleghany Corporation Executive Vice President Former
Sanford C. Bernstein & Co., Inc. Senior Research Analyst Former
The Chubb Corporation Financial Assistant To the Chairman Former
Lehigh University Graduate Former

Organization Position Status
Darwin Professional Underwriters, Inc. S.V.P. -- Chief Actuary Current

Organization Position Status
Darwin Professional Underwriters, Inc. S.V.P. --Chief Underwriting Current
Darwin Professional Underwriters, Inc. Board of Directors Current

Organization Position Status
Darwin Professional Underwriters, Inc. Chief Operating Officer Current
Darwin Professional Underwriters, Inc. Director Current
Beacon Advisors, Inc. Principal Former

Organization Position Status
Darwin Professional Underwriters, Inc. Executive Vice President and Chief Financial Officer Current
Darwin Professional Underwriters, Inc. Board of Directors Current
Beacon Advisors, Inc. Principal Former

Organization Position Status
Darwin Professional Underwriters, Inc. Senior Vice President and Chief Actuary Current

Organization Position Status
Darwin Professional Underwriters, Inc. S.V.P. -- Chief Info. Officer Current
The Chubb Corporation Vice President of Information Technology Former
Darwin Professional Underwriters, Inc. Data Processing Executive Former
Linc Systems Inc. Former

Organization Position Status
Darwin Professional Underwriters, Inc. S.V.P. --Underwrite, Distrib. Current

Organization Position Status
Darwin Professional Underwriters, Inc. S.V.P.--General Counsel Current
Federal Deposit Insurance Corporation Deputy General Counsel Former
Darwin Professional Underwriters, Inc. General Counsel Former

Organization Position Status
Darwin Professional Underwriters, Inc. Senior Vice President, Practice Lead Current

Organization Position Status
Darwin Professional Underwriters, Inc. Senior Vice President Underwriting and Distribution Current
Chubb & Son Managing Director Former

Organization Position Status
Darwin Professional Underwriters, Inc. Current
University of North Texas MS degree in rehabilitation counseling Former
Texas Christian University BSN degree Former

Organization Position Status
Darwin Professional Underwriters, Inc. Current

Susan is responsible for all client and risk management services at Darwin. She provides consulting and client services to the company's health care policyholders, helping them assess and manage their organizational risk. Susan has written numerous comprehensive patient education tools and brochures, and is author to several published risk management articles. She has been a regular presenter at the American Society for Healthcare Risk Management annual conference and other regional meetings. Susan is also a frequent presenter to the University of Connecticut Health System ethics committee, and regularly publishes articles in the system's perinatal newsletter, UNICORN. She also teaches health care law and ethics to second year medical students at the University of Connecticut medical school. Susan obtained a BS degree, summa cum laude, from the University of Hartford. She earned her JD degree from the University of Connecticut School of Law, where she was editor-in-chief of the Connecticut Insurance Law Journal. Susan holds a Connecticut Nursing License, is a board-certified Advanced Practice Registered Nurse, and a Certified Professional in Healthcare Risk Management. She is licensed to practice law in Connecticut and a member of the Connecticut and Hartford County Bar Associations. She is also the Vice Chair of the Litigation and Risk Management Committee of the Health Law Section of the American Bar Association.

Organization Position Status
Darwin Professional Underwriters, Inc. Senior Vice President, Healthcare Product & Risk Management Current
American Society Presenter Former
University of Connecticut JD degree Former
University of Connecticut School of Law Jd Degree Former
University of Hartford BS Degree Former

Organization Position Status
Darwin Professional Underwriters, Inc. Board of Directors Current

Mr. Reider has been a director since May 2006. Mr. Reider serves as an insurance-management consultant, as a reinsurance arbitrator, and as a part-time university teacher. From 1995 to 2000, Mr. Reider served as insurance commissioner for the State of Connecticut. Mr. Reider also serves as a board member of The Hartford Steam Boiler Inspection & Insurance Company of Connecticut and of Global Standards LLC.

Organization Position Status
The Hartford Steam Boiler Inspection and Insurance Company Board Member Current
Insurancecompany.Com Board Member Current
Hcbd Director Current
Darwin Professional Underwriters, Inc. Director Current

Organization Position Status
Darwin Professional Underwriters, Inc. Board of Directors Current
Continental Senior Vice President Former

Organization Position Status
Darwin Professional Underwriters, Inc. Chair Current
Ohio Mutual Insurance Group Board Member Current
Darwin Professional Underwriters, Inc. Director Current
University of California, Berkeley Master of Arts Degree Former

Organization Position Status
Connecticut Children's Medical Center Corporation Board of Directors Current
Darwin Professional Underwriters, Inc. Director Current
Aetna Inc. Chief Medical Officer Former
Health-Corp Chief Medical Officer Former
LifeMasters, Inc. Chief Medical Officer Former
Aetna Inc. Senior Vice President Former
Cigna HealthCare Senior Vice President Former
Health Net, Inc. Vice President of Medical Affairs Former
CIGNA Corporation Senior Vice President and National Medical Director Former
Cigna HealthCare National Medical Director Former
Yale University Bachelor's Degree Former
Columbia University College of Physicians and Surgeons Degree Former

Organization Position Status
Alleghany Corporation Senior Vice President, Insurance Current
American Institute of Certified Public Accountants Board of Directors Current
Darwin Professional Underwriters, Inc. Board of Directors Current
American Institute of Certified Public Accountants Member Current
Swiss Reamerica Deputy Chief Executive Officer Former
Swiss Reamerica Chief Operating Officer Former
Darwin Professional Underwriters, Inc. Senior Vice President, Insurance Alleghany Corp Former
St. John's University Graduate Former

Organization Position Status
Alleghany Corporation Vice President Current
Alleghany Corporation Associate General Counsel Current
Darwin Professional Underwriters, Inc. Board of Directors Current
Hcbd Director Current
Alleghany Corporation Board of Directors Current
Darwin Professional Underwriters, Inc. Vice President, Assoc General Counsel & Assistant Secretary, Alleghany Corp Former
Dewey & LeBoeuf LLP Associate Former
Colgate University Former
Cornell University Law School Former

Organization Position Status
Alleghany Corporation Current
Darwin Professional Underwriters, Inc. Board of Directors Current
The Chubb Corporation Executive Vice President Former
Darwin Professional Underwriters, Inc. Founder, Chairman, President & CEO Former
The University of Tennessee Graduate Former