SOURCE: Valiant Insurance Group

Valiant Insurance Group

February 18, 2009 15:33 ET

Valiant Insurance Group Announces the Formation of Its Excess & Surplus Lines Vehicle: Valiant Specialty Insurance Company

NEW YORK, NY--(Marketwire - February 18, 2009) - Valiant Insurance Group, Inc. ("Valiant") announced today that it has established a new insurance vehicle, Valiant Specialty Insurance Company, a Delaware-licensed Property & Casualty insurance company rated A- (Excellent) by A.M.Best with a Financial Size Category of Class XII. Valiant Specialty Insurance Company will serve as the excess and surplus lines insurance carrier for Valiant's U.S. operations.

Valiant is currently able to offer surplus lines capability to clients in a majority of the U.S. states and intends to continue to seek additional state surplus lines eligibilities for Valiant Specialty Insurance Company. Gary Dubois, President and C.E.O. of Valiant, noted that "The establishment of Valiant Specialty Insurance Company reinforces our strong commitment to the further development of our well-positioned U.S. specialty lines platform. It is a natural outgrowth of our success to date and will allow our team of highly dedicated and uniquely experienced insurance professionals to more fully respond to the varied needs of our brokerage and client base. Together with our broadly-licensed admitted carrier, Valiant Insurance Company, we can provide a wide range of commercial insurance products and solutions."

About Valiant Insurance Group

Valiant Insurance Group, Inc. provides specialty property and casualty insurance products and services to the U.S. agency and brokerage market through its main operating subsidiaries Valiant Insurance Company and Valiant Specialty Insurance Company, both rated "A- (Excellent)" by A.M.Best with a Financial Size Category of Class XII. Current product offerings include Professional Liability, Marine, Casualty and Management Liability. Valiant Insurance Group is a subsidiary of Ariel Holdings Ltd., a diversified global insurance and reinsurance company rated "A- (Excellent)" by A.M.Best.

Contact Information

    Gary Dubois
    Valiant Insurance Group, Inc.
    Tel: 212-444-4000
    Email: Email Contact