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Jul 09, 2010
New National Market Added to All Risks’ A&E Program
NEW NATIONAL MARKET ADDED TO ALL RISKS, LTD.’S ARCHITECTS AND ENGINEERS PROGRAM
A+XV Rated Admitted and A-XIII Non Admitted Carriers Broaden Appetite
HUNT VALLEY, MD (July 9, 2010) - All Risks, Ltd. announced that it has obtained a second market to offer professional liability insurance products designed specifically for Architects and Engineers. All Risks, Ltd. serves as the Program Administrator for two nationwide carriers, one Admitted and one Non Admitted, with A.M. Best ratings of A+ XV (Superior) and A- XIII (Excellent) respectively. By expanding this program, All Risks has broadened its risk appetite with no billing/revenue limitations and increased flexibility.
"We are excited to expand our program to offer coverage to a more significant share of the A&E marketplace. The addition of this new market will allow us to satisfy the wide ranging client base of our retail agency partners as we become the market of choice for architect and engineering firms,” said Chris Kelleher, All Risks, Ltd. VP of National Specialty Programs.
The newly created Architects and Engineers Program policy form includes a broad definition of professional services, including LEED accredited professionals; offers worldwide coverage, and provides coverage for predecessor firms as well as automatic coverage for joint ventures. Coverages available include Contractors Pollution Liability, Mediation Credits, Technology coverage, First Dollar Defense, Aggregate Retention, and Specific Project Excess limits with no limitations or restrictions on residential or condominium projects.
Some of the targeted classes for this program include: Architecture, Interior Design, Landscape Architecture, Golf Course Architecture, Civil Engineering, Electrical Engineering, Mechanical Engineering, HVAC Engineering, Structural Engineering, Surveying and now Construction Management. A&E expert, Joe Schrancz, P.E., RPLU, leads this facility with 4 dedicated underwriters: Tom Lynch, Bill Webb, Lynnette Roberts and Josh Reinert. Submissions may be sent to .(JavaScript must be enabled to view this email address) or via fax at 215.701.1849. Applications and additional program information are available at www.allrisks.com.
To learn more about All Risks’ Architects and Engineers Professional Liability insurance products and services, contact Joe at 800.366.5810 ext. 3664 (.(JavaScript must be enabled to view this email address)).
The National Specialty Programs unit, in the Hunt Valley, MD office of All Risks, specializes in Alarm Companies, Architects and Engineers, Auto Dealers, Fire Suppression & Sprinkler Contractors, Health and Fitness Clubs, Insurance Agents E&O, Janitorial Contractors, Marine/USL&H, Medical Facilities, Pest Control Operators, Private Investigation, REO/Force Placed, Remediation/Restoration Contractors, Security Guards and Storage Facilities on a nationwide basis. Program descriptions, applications and brochures are available online at www.allrisks.com. They are located at 10150 York Road, Fifth Floor, Hunt Valley, MD 21030. For additional questions contact Chris Kelleher, Vice President, National Programs at 410-828-5810, ext. 3573.
All Risks, Ltd. – Corporate Office - 10150 York Road - Fifth Floor
Hunt Valley, MD 21030
Tel: (800) 366-5810 - Fax: (410) 828-8179About All Risk, Ltd.:
All Risks, Ltd. based in Hunt Valley, Maryland, is a leading independent wholesale brokerage firm offering comprehensive insurance solutions with a full service platform of brokerage, contract binding, national programs, and personal lines products for retail agents and brokers. The 45 year-old firm employs over 450 staff members in offices located in Maryland, Arizona, California, DC, Florida, Georgia, North Carolina, Pennsylvania, Virginia and Washington.