FOR IMMEDIATE RELEASE
Contact: P. Noble Powell, Jr., CIC, RA, Managing Director and Practice Leader of Asset Management Insurance, (443) 961-1890; Email:
ANNOUNCEMENT
(April 23, 2025) Maury, Donnelly & Parr, Inc. is pleased to announce Damian Clar as our newest Executive Leader and RIA Specialist within our Asset Management Insurance division. Damian has an extensive background in the management liability space with over 16 years of experience both on the carrier and agency sides of the business, most recently handling Financial Institutions at Aon with a focus on Asset Management. Damian is a resource on all management liability coverages (D&O, E&O, EPL, Fiduciary, Crime/Bond and Kidnap & Ransom) and brings a unique perspective to the firm as he has experience both in underwriting and placement/risk mitigation.
Additionally, Damian has been on the forefront of coverage innovation both from a structure and language perspective ensuring the best and broadest possible coverage for his clients. Damian enjoys being a resource for both his clients and colleagues.
“Damian has a great reputation in our industry and already had such a strong connection to the Asset Management practice” said Noby Powell, Managing Director and Practice Leader. “He also holds a deep understanding of a carrier’s assessment of risk within the Asset Management sector. This makes him an invaluable asset to Asset Management Insurance (AMI) a division of MDP.”
Damian brings a wealth of expertise, innovation, and leadership to the company as it continues to expand its impact within the Asset Management industry. Please join us in welcoming Damian Clar.
ABOUT MDP
Founded in 1875 as a marine insurer to the businesses that utilized the Port of Baltimore, Maury, Donnelly & Parr, Inc. (MDP) operates today as an agent, consultant, broker, risk manager and program administrator in the insurance industry. As one of the oldest insurance firms in the Mid-Atlantic region, MDP continues to be a force within the industry. Through the years, our operations and services have grown, allowing our firm to provide insurance solutions to many different niche markets. We currently have 225 employees in thirteen offices along the East Coast.
