Devon Park Specialty is once again writing management liability for first-time buyers.
Over the past few years, the COVID-19 pandemic undoubtedly disrupted the labor market in the U.S. Employers were forced to make difficult decisions across the board regarding layoffs, furloughs, remote working, PPE, returning to work and more. During that time, Devon Park stopped writing management liability for first-time buyers, but we have since lifted that moratorium.
Our management liability product, Executive ViewPoint (EVP), is experiencing strong growth. We write many types of private companies, but we are targeting manufacturers, technology companies, specialty trade construction and professional service firms. We have found great success writing these classes of business with our solid policy form, unique coverage advantages and great service. We look forward to writing more management liability and providing our insureds with the coverage they need.
For more information, please contact our team.