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May 18, 2009

New Nationwide Architects and Engineers Professional Liability Insurance Product

HUNT VALLEY, MD (May 18, 2009) - All Risks, Ltd. announced that it will begin offering professional liability insurance products designed specifically for Architects and Engineers. All Risks, Ltd. will serve as the Program Administrator for Everest National Insurance Company (NYSE:RE), rated by A.M. Best A+ XV (Superior). For more than seven years, Everest has offered A&E professional liability products on an admitted basis throughout the United States.

"We are excited to partner with Everest as we bring another competitive product to our retail agency partners. With Everest’s history and expertise in serving the needs of the architects and engineers industry, we believe that this partnership will serve the market well," said Chris McGovern, All Risks, Ltd. SVP of National Specialty Programs.

To best serve the unique needs associated with architects and engineers, All Risks has employed the underwriting and sales expertise required to pursue these classes of business. Joe Schrancz, P.E., RPLU, has been hired by All Risks, Ltd. as the Program Manager for this new underwriting facility. Joe brings 15 years of A&E underwriting and management experience and is considered an expert in this field.  Complementing his diverse insurance industry background, Joe has a Civil Engineering degree from Rutgers University and was a practicing engineer for seven years.  In addition, Tom Lynch and Bill Webb have been hired as underwriters for this Architects & Engineers program, both bringing valuable A&E sales and underwriting experience to the team. 

To learn more about Everest’s architects and engineers professional liability insurance products and services, contact any member of our new A&E Program:

Joe Schrancz, Program Manager
800.366.5810 ext. 3664
.(JavaScript must be enabled to view this email address)

Tom Lynch, Underwriter
888.243.3660 ext. 203
.(JavaScript must be enabled to view this email address)

Bill Webb, Underwriter
888.243.3660 ext. 225
.(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, Crane Operators & Construction Equipment Rental, Dealers Open Lot, Fire Suppression & Sprinkler Contractors, Insurance Agents E&O, Janitorial Contractors, Marine/USL&H, Medical Facilities, Pest Control Operators, Private Investigation, REO, Remediation/Restoration Contractors and Security Guards 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, Director, National Programs at 410-828-5810, ext. 3573.

About 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 44 year-old firm employs over 450 staff members in offices located in Maryland, Arizona, California, DC, Florida, Georgia, North Carolina, Pennsylvania, Texas, Virginia and Washington.

About Everest National Insurance Company:

Everest National Insurance Company focuses on specialty property and casualty insurance and is licensed to conduct business in all 50 states, including the District of Columbia. The company is rated A+ XV (superior) by A.M. Best. To learn more about Everest National, visit us at www.everestnational.com. Everest National Insurance Company is a member company of Everest Re Group, Ltd.