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OneBeacon Appoints Dennis Crosby to Lead New Excess and Surplus Business
CANTON, Mass., July 29 -- OneBeacon Insurance Group (NYSE:OB) today announced it has appointed Dennis Crosby as President of the company's newest business, OneBeacon Excess and Surplus Lines. The company is establishing this new group to both support its current business and selectively write in the E&S market.
"We are pleased to welcome Dennis to OneBeacon," said Kevin Rehnberg, Executive Vice President of Specialty Lines. "His specific experience, leadership talents and successful track record will be instrumental in building our newest specialty business."
Added OneBeacon CEO Mike Miller, "I am pleased to have Dennis join our leadership team and look forward to working with him once again. Going forward, we will continue to look for opportunities to grow the value of our company by adding to our specialty capabilities."
Crosby will join OneBeacon immediately and brings nearly 30 years of industry experience. Most recently, he was President and CEO of ACE Westchester and Chairman of ACE Commercial Risk Services, where he was accountable for wholesale distribution of specialized property and casualty products within the excess and surplus lines marketplace. Prior to his six years at ACE, he spent 23 years with St. Paul Travelers in a variety of senior roles including commercial middle market, insurance operations and public sector services. Crosby holds a bachelor's degree in business administration from Appalachian State University.
About OneBeacon: OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under the symbol "OB". OneBeacon Insurance Group's underwriting companies offer a range of specialty insurance products sold through select independent agents, regional and national brokers, and wholesalers. The company's businesses include OneBeacon Professional Insurance, International Marine Underwriters, Entertainment Brokers International Insurance Services, Specialty Accident and Health, OneBeacon Government Risks, OneBeacon Energy Group, A.W.G. Dewar (tuition refund), collector cars and boats written through Hagerty Insurance Agency, Technology, Financial Services, OneBeacon Specialty Property, Property and Inland Marine, and AutoOne.
As one of the oldest property and casualty insurers in the United States, OneBeacon traces its roots to 1831 and the Potomac Fire Insurance Company. Today, OneBeacon's specialty insurance businesses are national in scope.