Distressed & Special Situations
We are a seasoned group with decades of experience underwriting complex private equity and financial institution risks. The team is dedicated to going the extra mile to exceed the expectations of our clients and distributions partners.
Typical Clients:
- Distressed Companies
- Bankrupt Companies
- Companies going through, or potentially going through, a change in control, restructuring or recapitalization.
Coverage Highlights
- $5 million capacity
- Primary and Excess
- Insurers = Consortium of Lloyd’s syndicates led by Brit Syndicates Limited (A+ (Strong), Standard & Poor’s; A+ (Excellent), A.M. Best
- Expert claims handling:
- The claims teams of Brit Syndicates Limited (“Brit) and Ambridge Partners LLC (“Ambridge) are comprised of licensed attorneys with experience handling D&O claims
- If a claim is notified to the Insurers, the Insured will communicate directly with Ambridge on the matter. Ambridge will handle the claim to ensure that there is seamless continuity from underwriting to claim evaluation and determination.
- The claims teams of Brit Syndicates Limited (“Brit) and Ambridge Partners LLC (“Ambridge) are comprised of licensed attorneys with experience handling D&O claims
Our Team
Christopher Houston
Head of Managment Liability, Private Equity,
and Diversified Financial
Daniel Frusciano
Managing Director – Head of Financial Lines
