Maxum Specialty Names Darwin Lucas as Senior Vice President of Programs Division

Alpharetta, GA – April 15, 2015 – Maxum has hired Darwin Lucas to join the management team and head up the new standalone Programs Division. His initial focus will be on developing a Programs strategy for Maxum while building new relationships and leveraging existing ones.

Before joining Maxum Darwin was President of Regional Excess Underwriters, a national wholesale firm offering programs, underwriting and brokerage business. With over 30 years in the insurance industry, including both Broker and Carrier Programs management experience, Darwin will be instrumental in the strategic growth and development of Maxum’s Programs division.

“We are very excited to have Darwin Lucas leading the new standalone Programs Division for Maxum.” said Marshall Turner, President and CEO of Maxum Indemnity Company and Maxum Casualty Insurance Company. “Darwin’s leadership experience, strategic planning and ability to develop Programs will be invaluable in growing Maxum’s Programs division. Additionally, his wholesale experience is an ideal fit for Maxum’s limited access, wholesale only distribution strategy. The addition of a standalone Programs Division will help to continue to provide depth and diversity to Maxum’s overall product offering to our select limited access distribution.”

Maxum will have seven underwriting divisions with the addition of a standalone Programs division. Other divisions include Binding, Casualty Brokerage, Professional Liability, Management Liability, Special Property and Specialty Inland Marine. Coverages written include general and excess liability, property and casualty binding authorities, professional liability, layered and shared primary and excess property catastrophe, and primary and excess inland marine. Additional coverages of directors & officers liability, employment practices liability and fiduciary liability will be written with the launch of the Management Liability division.

About Maxum Specialty Insurance Group
Maxum Specialty Insurance Group was founded in 2003 by a highly experienced team of insurance industry experts. Maxum Specialty Insurance Group (Group) is comprised of Maxum Indemnity Company and Maxum Casualty Insurance Company. Maxum Indemnity is an authorized non-admitted excess and surplus lines insurer in 49 states; the District of Columbia; and the territories of Puerto Rico and the U.S. Virgin Islands. Maxum Casualty is an approved admitted carrier in 50 states and the District of Columbia. Both companies are domiciled in Delaware. Maxum writes business through a select group of primarily independent wholesale brokers and general agents. In the past few years, the Group has enjoyed significant growth and expansion into new markets. Today, the Group is rated A-VIII from A.M. Best and its statutory surplus has grown to more than $109.7 million. For additional information, call 866-387-4500

Tracy Wade
Maxum Specialty Insurance Group
678-597-4730
twade@mxmsig.com


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