Advisen Press Release: Advisen Executive Named President of PLUS

Advisen


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Matt Otepka




Metzger Associates for Advisen




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matt@metzger.com






ADVISEN EXECUTIVE NAMED PRESIDENT OF PROFESSIONAL LIABLITY UNDERWRITING SOCIETY





Peter Cottrell to Preside Over PLUS in 2003





NEW YORK, November 13, 2002 - Advisen Ltd., the leading provider of strategic information services for the commercial insurance industry, today announced that Peter Cottrell, head of Advisen's International Operations, was named president of the Professional Liability Underwriting Society (PLUS) for 2003.





PLUS was founded in 1986 by industry professionals who recognized the need for a forum for individuals involved in the field of professional liability. Through education and other activities, PLUS equips its members to responsibly address important issues related to professional liability insurance.





Prior to his presidential appointment, Cottrell served on the PLUS International Board of Trustees for several years. He has over 25 years experience in the commercial insurance industry, specializing in underwriting professional indemnity business, Director and Officers liability, and financial institutions insurance. Cottrell is also experienced in the intellectual property insurance and cyber insurance fields. Prior to joining Advisen, he was an active underwriter of a Lloyd's syndicate that he co-founded in 1990.





"Peter's appointment to the presidency of PLUS is not only a recognition of his knowledge and leadership, but also a testament to the solid foundation of executives on which we have built Advisen," said Tom Ruggieri, CEO of Advisen.





"I am looking forward to 2003 as an excellent opportunity to enhance many different facets of the professional insurance industry," said Cottrell. "And as president of PLUS, recognizing the role liability underwriting plays in the success of the industry will surely be a focus of my efforts."





About Advisen



Advisen Ltd. is the leader in strategic information services for the commercial insurance industry, combining comprehensive market data with proprietary analytic and benchmark modeling software. Advisen is the only provider to offer insurance companies, brokers and risk managers a systematic perspective on writing, marketing and buying lines of commercial insurance. Based in New York City with offices in Chicago and London, Advisen was founded in 1999 by a team of seasoned insurance and technology executives, including senior managers from Marsh Inc., Bloomberg, L.P. and Swiss Re America. For additional information, visit www.advisen.com.