For immediate release
Contact: Lisa Strasser, 203 977 6006
Joseph Savarese to Lead Hudson Insurance Group’s Wholesale Casualty Unit
Hudson Insurance Group (Hudson) today announced that it has appointed Joseph Savarese to lead its wholesale casualty business unit, which encompasses both primary general liability and excess liability. In addition to Mr. Savarese, Gerard O’Neill and Michael Dempsey have also joined Hudson to support this initiative. Both gentlemen will focus on primary general liability, while Mr. O’Neill will have the added responsibility of managing Hudson’s existing portfolio of excess liability business.
“We’re excited to have Joe and his team on board to establish a best-in-class wholesale GL business,” said Hudson’s President and CEO, Christopher Gallagher. “The extensive expertise of these industry veterans will no doubt enhance what Hudson can deliver to wholesale brokers.”
Mr. Savarese most recently served as the president of Navigators Specialty Insurance Company’s primary casualty department. His industry experience spans decades and encompasses primary underwriting, surplus lines brokerage and reinsurance brokerage. He will report to Bill Schmidt, Senior Vice President, Hudson Insurance Group.
Hudson’s Wholesale Casualty unit focuses on construction risks and offers primary general liability with supported excess, as well as unsupported excess products. Select products liability insurance is also available.
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About Hudson Insurance Group
Hudson Insurance Group is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.
Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson underwrites specialty primary and excess insurance on both an admitted and non-admitted basis. Its companies are rated A (Excellent) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of the Odyssey Group Holdings, Inc., a leading global provider of reinsurance and specialty insurance. Odyssey Group is wholly-owned by Fairfax Financial Holdings Limited.