FARMINGTON, Conn., March 28 Darwin ProfessionalUnderwriters, Inc. (Darwin) (NYSE: DR) has announced the resignation of PaulF. Romano, who served as its senior vice president - underwriting, effectiveThursday, March 27th. Mr. Romano has become associated with a competingprofessional liability underwriter in the Hartford area.
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The company announced that senior vice president and chief underwritingofficer (CUO), David Newman, will assume Mr. Romano's administrativefunctions, while continuing his existing policy-setting and oversight role asCUO. President and chairman, Stephen Sills, commented: "This departure in noway diminishes our strong focus on, and our commitment to, the professionalliability marketplace. Our expertise in bringing creative coverage products toexecutives, health care providers, insurance producers, attorneys and otherprofessionals remains unparalleled in the industry."
About Darwin Professional Underwriters, Inc.
Darwin is a specialty insurance group based in Farmington, Connecticut.The company is focused on the professional liability insurance market andunderwrites directors and officers ("D&O") liability for public and privatecompanies, errors and omissions ("E&O") liability insurance, medicalmalpractice liability insurance, and other specialty coverage. Darwin membercompanies include Darwin Professional Underwriters, Inc., Darwin NationalAssurance Company (DNA), and Darwin Select Insurance Company (Darwin Select).DNA and Darwin Select have earned a financial strength rating of "A-(Excellent)" from A.M. Best Company. Darwin is traded on the New York StockExchange under the ticker symbol, "DR." For more about Darwin visitwww.darwinpro.com.
SOURCE Darwin Professional Underwriters, Inc.