Aegis Executive Risks Launches with Backing by Insurance Specialty Program Powerhouse, K2 Insurance Services
HARRISBURG, Pa.--(BUSINESS WIRE)--Nov 13, 2024--
Aegis Executive Risks (AER), a division of Aegis General Insurance Agency and K2 Insurance Services, announces today the launch of their Management Liability insurance program. AER’s new program provides comprehensive protection for executives, directors, officers and business entities, designed to safeguard leadership teams and strengthen organizational resilience.
The Management Liability program provides coverage solutions for U.S.-based private entities, including Management Liability/Executive Liability, Directors and Officers (D&O), Employment Practices Liability (EPL) and Fiduciary Liability. AER's tailored approach supports businesses in managing these critical risks with confidence. Led by industry veteran Jeff Hirsch, AER’s team brings over 60 years of combined expertise in the professional and related lines MGA space. Team members have a proven track record from renowned institutions, including Chubb, Zurich, AIG, Starr, and Lloyd’s-backed MGAs, bringing a depth of experience to the new program. The launch of AER complements K2’s suite of specialized offerings, which includes K2 International, Aegis Financial Lines, and K2 Cyber, reinforcing K2’s leadership in the specialty insurance market.
"We are thrilled to expand K2’s and Aegis General Insurance Agency's presence in the specialty lines space,” said Jeff Hirsch, President of Aegis Executive Risks. “This launch would not be possible without the support of our capacity providers, including syndicates at Lloyd’s of London, along with other domestic and international reinsurers who share our commitment to innovative and reliable risk solutions.”
“This partnership marks the continued expansion of our casualty footprint in the U.S., where we see attractive growth opportunities,” said Austin Wren, Senior Financial Lines Writer at MS Amlin. “With their deep underwriting expertise and strong broker relationships, Aegis Executive Risks and K2 are ideal partners, and we look forward to working together to build a high quality portfolio in the management liability segment.”
About Aegis Executive Risks
Founded in 2024, Aegis Executive Risks by Aegis General Insurance Agency leverages a founding team with a collective 60 years of insurance experience and 30 years in management liability underwriting. This extensive expertise uniquely positions them to navigate any market environment with confidence. Their passion for profitable underwriting is matched by a commitment to delivering exceptional customer outcomes and products of fair value.
Aegis Executive Risks is a K2 Insurance Services brand.
About K2 Insurance Services
K2 Insurance Services is an insurance services holding company that owns and controls a diverse set of MGAs, marketing, underwriting and servicing over $1 billion annually in niche commercial and personal insurance premiums. Our mission is to protect what matters most to our partners and clients through personalized and specialty insurance products by distributing innovative programs and products through trusted direct, retail and wholesale channels. Formed and led by successful insurance industry veterans and backed by Warburg Pincus, K2 is leading the way with specialty insurance programs.
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CONTACT: Media Contact:
Katherine Moura, Chief Brand & Communications Officer
press@k2ins.com
KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: INSURANCE PROFESSIONAL SERVICES
SOURCE: Aegis Executive Risks
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