Mission-backed MGU Templar Specialty expands D&O offerings to public companies

By Mia MacGregor

Feb 26 - (The Insurer) - Mission Underwriters-backed MGU Templar Specialty has expanded its executive and professional liability insurance portfolio to include excess and A-side D&O coverage for public companies.

This expansion builds on the 2022 launch of Templar Specialty’s executive and professional shield, a suite of coverages that includes D&O, EPL, fiduciary crime, and miscellaneous errors and omissions insurance for the not-for-profit and private sectors.

Founded by Matt Tusinski and Nick Denges, Templar Specialty offers executive and professional liability coverages on both a primary and excess basis. These coverages can be written as standalone policies or combined into a single, packaged policy with flexible limit and retention options, according to the company.

Beyond core primary coverages, the executive and professional shield programs also include a simplified excess form and a standalone A-side DIC form.

The company noted that this expansion comes amid significant regulatory changes, increasing market volatility and evolving international business practices, with the number of securities class action filings having risen for the second consecutive year in 2024.

“We are excited to bring our depth of knowledge and industry experience to serve the public company market where there is a clear need for capacity partners who are both trusted and able to act quickly,” said Tusinski, Templar Specialty’s president and managing director.