Tuesday, November 3, 2015
I had already begun to specialize in professional liability for consulting engineers (and later architects) when one of my clients told me about a new company that was being formed, known as Design Professionals Insurance Company (DPIC). I followed the suggestion to get to know Ed Howell who had successfully raised enough capital from his clients to start the company. At that time, Ed was wearing two hats, acting as a broker as well as managing the new company. Hearing of my interest, he let me loose on some small accounts, a long way out of town, and I was able to sell him coverage in DPIC. The companies board pointed out to Ed that there was a conflict of interest in what he was doing, so he reluctantly gave up acting as a broker and I soon inherited his accounts. DRA soon became the most successful producer for DPIC. The next step was the formation of a reinsurance company "DPAC Re". After some years, DPIC no longer had the strength to maintain its independence, and the program was taken over by a more conventional company. Many years ago, Ed's Wife, Jo Howell died, and Ed followed her in death soon thereafter.