Arrowhead® Announces Its New Professional Liability Division

September 18, 2007

San Diego, CA – Arrowhead General Insurance Agency’s, Inc. new Professional Liability Division joins the company’s portfolio of nationwide products by offering Accountants Professional Liability, Insurance Agents Professional Liability and Miscellaneous Professional Liability. The programs were formerly affiliated with London American Professional Liability, LLC, a program administrator based in Fort Lee, NJ.

Ed Velasquez, president of Arrowhead’s Professional Liability Division, was the president of London American Professional Liability.

“We’re excited to partner with Arrowhead,” said Velasquez. “Our goal is to leverage Arrowhead’s existing infrastructure, including their systems and national producer base, to grow our professional liability products. This move will take our programs to the next level and put us in a strong position to execute on additional market opportunities.”

Velasquez is a 28-year insurance industry veteran who started his career at AIG as a professional liability underwriter. He has a broad background in the management and underwriting of diverse programs such as Errors and Omissions, Directors and Officers and various other financial product lines at market leaders including AIG, CNA and Zurich.

The Professional Liability Division management team, which includes industry veterans Charles Antwine and Arun Chanana, provides over 75 combined years of industry experience. The division will continue to work from their New Jersey office at 400 Kelby Street, 11th Floor, Fort Lee, NJ 07024.

“We’re very pleased to have Ed, Charles and Arun join Arrowhead,” said Frank Ruyak, Arrowhead’s chief executive officer. “Their leadership and experience will enable us to successfully enter and grow our professional liability segment.”

“Arrowhead has invested significantly in their infrastructure to support their programs and ensure that they are efficient, accurate and responsive to their customers,” said Charles Antwine, executive vice president of the Professional Liability Division. “As a division of Arrowhead, we will look for profitable growth areas, geographic expansion and new professional and management liability business.”

For details on the Arrowhead professional liability products currently available, please visit ArrowheadGrp.com or call 201.944.7000.

Arrowhead General Insurance Agency, Inc., headquartered in San Diego, is an independent national program manager for commercial, personal and specialty lines and is one of the largest privately held general agencies in the United States. By teaming up with strong carriers, we are able to provide quality insurance products to our nationwide network of producers. Please visit ArrowheadGrp.com for additional information on our products.

ARROWHEAD® | CORPORATE COMMUNICATIONS
701 B Street, Suite 2100, San Diego, CA 92101 | Tel 619.881.8655 | Fax 858.320.6589 | ArrowheadGrp.com |
E-mail CreativeCommunications@ArrowheadGrp.com |
CA License #0699809

Arrowhead. General Insurance agency, Inc.

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