Rokstone Construction Risk Underwriters on Monday launched a general liability program with up to $5 million in limits.
The U.S.-based specialty managing general underwriter, part of the specialty reinsurance managing general agent Rokstone, also has hired former Axa XL executive John Wisotzkey and former Everest executive Andrew Yoo to run the program.
Rokstone CRU provides $125 million of capacity for Builder’s Risk exposures from Builders Specialty Insurance Company in addition to the new $5 million primary general liability wrap policy for wood-frame construction projects.
Mr. Wisotzkey has been named senior vice president, general liability, to lead the program. He was most recently senior underwriter for Axa XL. He will be based in a new Rokstone CRU office opening in New Jersey.
Mr. Yoo has been named assistant vice president, general liability. He was most recently assistant vice president for Everest.