Skyward Specialty Invests in Media Liability Expansion With the Addition of Three Key Industry Veterans

Rhea-AI Summary

Skyward Specialty Insurance Group (NASDAQ: SKWD) announced the expansion of its Media Liability team with the recruitment of three industry veterans: Andrea Taylor, Cheech Bradford, and Emily Caron.

Taylor joins as vice president of Media Liability with 25 years of experience from ANV Media and QBE North America. Bradford, bringing over 35 years of experience from Hiscox, AXIS Capital, and QBE North America, joins as assistant vice president of Media Liability. Caron, an experienced claims attorney, joins as vice president of Media Liability Claims.

This expansion follows the company's successful entry into the media liability market as a primary carrier two months ago. Skyward Specialty aims to provide innovative solutions and strengthen its growth in the professional liability division.

Positive

• Skyward Specialty successfully entered the media liability market as a primary carrier.
• Recruitment of experienced professionals enhances the team: Andrea Taylor (25 years experience), Cheech Bradford (35+ years experience), and Emily Caron (experienced claims attorney).
• Expansion reflects strong market response and growth potential in the professional liability division.
• Adds specialized expertise in underwriting and claims management to support future growth.

Negative

• Additional hiring expenses and integration costs could impact short-term financials.
• Potential increased competition in the media liability market may challenge market share.

HOUSTON, June 04, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, announced today it has recruited three top media liability professionals, further expanding the Company’s Media Liability team following its impressive reception by the market after entering as a primary carrier just two months ago.

Skyward Specialty recruited Andrea Taylor as vice president of Media Liability. Ms. Taylor, formerly with ANV Media and QBE North America, has an impressive 25 years of leadership and underwriting expertise specializing in the segment. Also joining the team is Cheech Bradford as assistant vice president of Media Liability. Through her more than 35 years of specialized experience in media liability, Ms. Bradford previously held underwriting leadership positions at Hiscox, AXIS Capital and QBE North America. Further building out the team, the Company also welcomed experienced entertainment and media claims attorney Emily Caron as vice president of Media Liability Claims. In her role, Ms. Caron will be the dedicated professional managing media liability claims for the Company.

“When we entered the media liability market we knew we were ushering in a new phase of growth for our professional liability division, but the response from the market has been incredible,” said Jim Mormile, president of Professional Lines. “As a talent-forward organization our expansions are always talent-led with an aim to bring the very best underwriters and claims professionals to Skyward Specialty. We are excited to welcome Andrea, Cheech, and Emily, whose experience and marketplace following further strengthen the considerable opportunities we’ve identified to bring fresh and distinctive solutions to this market.”

About Skyward Specialty
Skyward Specialty (NASDAQ: SKWD) is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through eight underwriting divisions -- Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety and Transactional E&S.

Skyward Specialty's subsidiary insurance companies consist of Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A- (Excellent) with positive outlook by A.M. Best Company. For more information about Skyward Specialty, its people, and its products, please visit skywardinsurance.com.

Media Contact
Haley Doughty
713-935-4944
hdoughty@skywardinsurance.com

Investor Relations
Natalie Schoolcraft
614-494-4988
nschoolcraft@skywardinsurance.com

FAQ

What recent expansion did Skyward Specialty (SKWD) announce?

Skyward Specialty announced the expansion of its Media Liability team with the addition of three industry veterans: Andrea Taylor, Cheech Bradford, and Emily Caron.

Who are the new recruits joining Skyward Specialty's (SKWD) Media Liability team?

The new recruits are Andrea Taylor as vice president of Media Liability, Cheech Bradford as assistant vice president of Media Liability, and Emily Caron as vice president of Media Liability Claims.

What experience do the new members bring to Skyward Specialty (SKWD)?

Andrea Taylor brings 25 years of experience from ANV Media and QBE North America, Cheech Bradford has over 35 years of experience from Hiscox, AXIS Capital, and QBE North America, and Emily Caron is an experienced entertainment and media claims attorney.

When did Skyward Specialty (SKWD) enter the media liability market?

Skyward Specialty entered the media liability market as a primary carrier two months ago.

What is the significance of Skyward Specialty's (SKWD) recent hires?

The recent hires are significant as they enhance the company's expertise in media liability, supporting its growth and ability to offer innovative solutions in the professional liability division.