Darwin Introduces Media Liability Coverage

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    FARMINGTON, Conn., Aug. 9 /PRNewswire-FirstCall/ -- Darwin Professional
 Underwriters, Inc. (Darwin), (NYSE:   DR) has introduced new professional
 liability coverage for media entities. Darwin's focus on content providers,
 including publishers, broadcasters (traditional and new media), advertising
 agencies, advertisers, television and film producers, authors, and media
 conglomerates (companies that disseminate content over multiple platforms),
 is part of a broader errors and omissions-based (E&O) initiative to address
 the needs of the growing media liability marketplace.
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     Darwin's media product incorporates several unique features, which
 include governmental claim coverage, declaratory judgment actions coverage
 (that provides funding for proactive legal action), and merchandising
 cover. Additionally, the coverage is offered on either an occurrence or
 claims-made basis. Defense expenses are offered both within and in addition
 to the limits of liability. Limits of $10 million are available on either a
 primary or excess basis.
     Darwin's media liability policy also addresses communications
 liability, personal injury, and contextual errors and omissions (E&O)
 coverage. There are emotional distress and reliance on content "carvebacks"
 on the standard bodily injury and property damage exclusions, and a variety
 of media wrongful acts are included under the policy terms. Additionally,
 the policy's "all-risk" approach opens coverage to possible future
 liability theories. Independent contractor and confidential source coverage
 are also included in the policy. Choice of counsel is available on a
 claim-by-claim basis.
     Media liability coverage applies to wrongful acts on a worldwide basis,
 and is written through the surplus-lines market.
     "Darwin is very eager to offer this industry-leading product to the
 media marketplace. It is rare that a policy includes as many broad
 offerings as Darwin's media liability coverage," says Jonathan Yeisley,
 vice president, professional liability underwriting. "The media industry
 has been in need of this kind of comprehensive coverage for a long time;
 and Darwin is stepping up to meet that challenge, to address the
 expectations of the marketplace and media liability policyholders."
     Important Information
     Coverage descriptions in this press release are summaries only; all
 coverages will be determined by the policy as issued. Policies are
 available only through licensed surplus lines brokers. Additionally, this
 press release may contain projections, comments, and other forward-looking
 statements as defined in the Private Securities Litigation Reform Act of
 1995. Each forward looking statement is based on Darwin's plans and
 expectations, as well as on current events and industry trends. Such
 statements are subject to risks and uncertainties, and the actual outcomes
 or results may differ materially from those expressed or implied by any of
 these statements.
     About Darwin Professional Underwriters, Inc.
     Darwin is a specialty insurance group based in Farmington, Connecticut.
 The company is focused on the professional liability insurance market and
 underwrites directors and officers ("D&O") liability for public and private
 companies, errors and omissions ("E&O") liability insurance, medical
 malpractice liability insurance, and other specialty coverages. Darwin
 member companies include Darwin Professional Underwriters, Inc., Darwin
 National Assurance Company (DNA), and Darwin Select Insurance Company
 (Darwin Select). DNA and Darwin Select have earned a financial strength
 rating of "A- (Excellent)" from A.M. Best Company. Darwin is traded on the
 New York Stock Exchange under the ticker symbol, "DR." For more information
 about Darwin, visit http://www.darwinpro.com.
 
 

SOURCE Darwin Professional Underwriters, Inc.