Old Republic International Corporation is forming a new operating company, Old Republic Property Inc., to underwrite specialized property insurance products through a national retail broker distribution network, the company announced on Monday.
The company will be led by Patrick Hagerty as president. Hagerty has more than 20 years of property underwriting and leadership experience.
Old Republic Property is the seventh new specialty operating company that Old Republic has launched since 2021.
Chicago, Illinois-based Old Republic is a specialty insurer that operates a group of property/casualty and title insurance companies.
Topics
Carriers
Property
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