Old Republic Forms Cyber and Tech Company
January 8, 2025
Old Republic International Corp. formed a new underwriting subsidiary to provide cyber and technology errors and omission (E&O) insurance products.
Called Old Republic Cyber Inc., the company will focus on providing specialized cyber- and technology-related coverage. The company will be led by CJ Pruzinsky as president and Kevin McGowan as executive vice president and chief underwriting officer.
Pruzinsky has 18 years of cyber underwriting experience with AIG, Beazley, and, most recently, Resilience. McGowan has 15 years of cyber underwriting experience with Ace, Beazley, and, most recently, Resilience.
In making this announcement, Craig R. Smiddy, ORI's president and chief executive officer, noted that, "We are excited to have both CJ and Kevin join Old Republic and expand our underwriting expertise and appetite into new lines of coverage that align with our specialty strategy and our focus on underwriting excellence. We look forward to leveraging both CJ's and Kevin's leadership and industry knowledge with the Old Republic brand, resources, and financial strength."
This is the seventh new specialty ORI has launched in the last nine years.
Contact ALTA at 202-296-3671 or [email protected].