MORRISTOWN, N.J., Jan. 21, 2016 /PRNewswire/ -- ProSight Specialty Insurance is pleased to announce that it has been selected by the Best in Biz Awards as a silver winner in the Most Innovative Company of the Year category. The annual program, which recognizes top companies, teams, executives and products for their business success as judged by an esteemed panel, received the highest number of submissions to date from a wide array of companies and industries.
"The team at Best in Biz Awards draws from some of the most talented and highly-renowned businesses in the country and we are thrilled to be considered among such an accomplished group," said ProSight CEO Joe Beneducci. "This award is another proof point that we are succeeding at addressing uncommon challenges, and are providing value as we deliver customized insurance solutions."
ProSight Specialty Insurance is a fast-growing property and casualty insurance company that brings innovation to the world of traditional risk protection by delivering business enhancements integrated into custom insurance offerings for a growing breadth of industries including entertainment, construction, transportation and more. Today, the company is transforming the insurance market by offering unexpected solutions and value to its customers' bottom line.
"ProSight Specialty Insurance is truly ahead of the curve when it comes to appealing to niche insurance markets," said Iris Dorbian, Best in Biz judge. "Creating insurance for drone operators is just one of its many brilliant moves. It's so prescient and forward-thinking given the burgeoning use of drones in today's business world."
This year's Best in Biz winners were chosen from a group of over 600 award submissions and were determined based on scoring from an independent panel of 46 judges from highly recognized newspapers, business, consumer and technology publications, radio outlets, and analyst firms. In addition to the numerous judges returning from previous years' panels, this year's judging panel included several worthy additions to the high-profile group including contributors to ABC, Bloomberg Businessweek, Business News Daily, Computerworld, Fast Company, Forbes, Inc. Magazine, InfoRisk Today, Information Week, L.A. Biz, Silicon Valley Business Journal and Wired.
About ProSight Specialty Insurance
ProSight Specialty Insurance was founded by industry veteran CEO Joe Beneducci, with the explicit purpose of introducing innovation to the commercial property and casualty insurance market. ProSight designs solutions that are born from customers' self-identified challenges, so each solution is targeted to enhance customers' operating performance. ProSight focuses on select niche industries, deploying differentiated underwriting and claims expertise, and then works exclusively with specialized distributors to deliver value. ProSight is fueled by a cultural desire to succeed at uncommon challenges, making the business performance of its customers a top priority. The underwriting members of the ProSight Specialty Insurance (ProSight) group of companies are rated "A" (Excellent) by A.M. Best. ProSight also operates Syndicate 1110 at Lloyd's of London, which is rated "A"(Excellent) by A.M. Best and "A+" (Strong) by Standard & Poor's. Based in Morristown, NJ, ProSight has regional offices in Los Angeles, CA, Santa Rosa, CA, NY, NY, and London, England. More information about ProSight and its member insurers can be found at www.prosightspecialty.com. Follow us at @ProSightCorp and ProSight Specialty Insurance.
SOURCE ProSight Specialty Insurance