American insurance firm Amwins Special Risk Underwriters (SRU) has launched an executive directors and officers (D&O) liability insurance offering.

The D&O liability offering marks MGA’s foray into the professional lines. It had been catering to the property market since 2008.

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The new offering is a non-admitted programme, which will cover excess public D&O risks as well as excess private or not-for-profit risks with a shared limit in conjunction with the D&O.

Excess coverages for public and private firms include D&O liability, D&O side A/DIC, employment practices liability and fiduciary liability.

SRU president and Amwins chief underwriting officer Mark Bernacki said: “SRU is excited to expand our offering to include this important coverage. Our focus on providing exclusive access to management liability capacity will position our partners for continued success.”

SRU management & professional liability group executive vice president Scott Mission said: “We are thrilled to launch this product at a time when the D&O market is stressed and continues to evolve. We thrive on collaborating with our partners to give them a competitive edge and look forward to delivering levels of service and expertise that stand out from the crowd.”

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The new offering gives Amwins professional lines brokers access to management liability capacity.

Notably, SRU was established in 2008 as an exclusive MGA for Amwins.

In August this year, Amwins bought National Truck Underwriting Managers (NTUM) to enhance its product portfolio and expand its reach.