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Jun 16, 2008
In-House Authority for Middle Market Property at All Risks, Ltd.
CHARLOTTE, NC (June 16, 2008) - National wholesale brokerage firm, All Risks, Ltd., announced June 15th that a new in-house facility is available for middle market property risks nationwide, excluding AK, HI, KY and IL. Property and ancillary inland marine can be written through the new facility with general liability for OLT classes in conjunction with property coming soon.
Dave Rucker, Senior Vice President of Southeast Operation states, "The addition of the new middle market property facility will maximize All Risks nationwide spread of business to balance cat capacity. All Risks expects to write more than $8,000,000 in the first year with the new facility."
All Risks has the authority to place 100% of TIV risks, primary (first loss) and excess of loss-buffer with substantial capacity, $10,000,000 for any one addressed risk and up to $25,000,000 total. Hurricane wind available for coastal states and earthquake available for all, however California earthquake is for all zones except A and B.
A small sample of a broad range of eligible property risks include: habitational, institutional, real estate owners, light manufacturing, service risks, private warehousing/storage and distribution, non-diagnostic healthcare facilities and vacant property.
All Risks, Ltd., based in Hunt Valley, Maryland, is one of the nations' leading independent wholesale insurance brokers specializing in all lines of commercial insurance. The 44 year-old firm employs over 500 staff members in offices located in Maryland, Arizona, California, DC, Florida, Georgia, North Carolina, Pennsylvania, Texas, Virginia and Washington.
Retail agents and brokers contact your local All Risks office at http://www.allrisks.com.
