All Risks, Ltd. Blog

DALLAS, TX (January 30, 2019) – All Risks, Ltd., the nation’s largest independent wholesale insurance broker, is pleased to welcome Vicki Bancroft, Inside Broker, to the Dallas, TX office.  Vicki joins the region headquarters on Frank Giarratano’s team and will be responsible for market development and the placement of new and renewal business.

DALLAS, TX (January 29, 2019) – All Risks, Ltd., the nation’s largest independent wholesale insurance broker, is pleased to welcome Jared Huffman, Brokerage Underwriter, to the Dallas, TX office.  Jared specializes in Property & Casualty small commercial business for a broad range of classes including: contractors, real estate, hospitality establishments, manufacturers, distributors, retail stores and educational institutions.

2018 was a big year for All Risks! After five decades in business, we continue to set challenging goals for our continued growth. We strive to be your wholesaler broker of choice; focusing on your needs and finding solutions to give you the best opportunity to win and retain accounts.

Dealer Emergency Fire Evacuation Plan

This is an urgent alert from All Risks, Ltd. to retail agents that currently insure auto dealerships in areas susceptible to wildfires.

2018 was a year of record-setting wildfire activity— particularly in California—with more than 55,000 wildfires across the U.S. taking a massive toll on human life and property.  As such, the threat of catastrophic loss for dealerships due to wildfire has risen significantly.

Enjoy this insurance twist on a holiday classic! Happy holidays from All Risks!

HUNT VALLEY, MD (December 5, 2018) – All Risks, Ltd., the nation’s largest independent wholesale insurance brokerage firm, is expanding its new Medical Professional Liability Program to include emergency rooms and emergency departments (ER/EDs) in the hospital setting.  This new expansion is focused on providing professional liability insurance for ER & ED physicians and ancillary employees (physician assistants and nurse practitioners) and on-call specialty physicians.

HOUSTON, TX (November 19, 2018) – All Risks, Ltd., the nation’s largest independent wholesale insurance broker, is pleased to welcome Bonita Rogers, Broker, to the Houston, TX office.  Bonita specializes in upstream, midstream and downstream energy risks – both onshore and offshore for contractors, operators/non-operators, consultants, manufacturers, distributors, and oilfield trucking businesses.  Lines of coverage include General Liability, Commercial Auto, Workers’ Compensation, Pollution, Umbrella, Professional, Marine Liability, and Control of Well.

The following article was written by Kim Stone-Vilim, CPA. Kim is the Accountants Program Manager at All Risks, Ltd. in Geneva IL. She can be reached at kstone@allrisks.com.

You receive a message from a client: “Hey Mr./Ms. CPA, you’ve been my accountant for several years, and I’m finally getting around to putting my estate together.  Would you serve as my trustee?”

This seems like an innocent enough question and a way to earn some pretty easy fees.  Who wouldn’t say ‘yes’?  Well, not so fast!

This is a claim alert to retail insurance agents that currently insure auto dealerships.  Download these tips and share with auto dealer clients to help reduce losses and keep insurance costs down due to the increase of False Pretense/Identity Theft claims.

Feature Article Courtesy of Laurie A. Randolph

Your client may demand, as a condition of your professional services agreement, that you assume certain risks of the client and others on the project and “indemnify” them for any losses resulting from those risks.  Depending on the scope of the indemnity you provide, you may have financial risks well beyond liability for your own negligence – risks that may not be covered by your professional liability insurance.  A clear understanding of indemnification is essential to recognizing your risks.