All Risks, Ltd. Blog

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.

Did you know that there is a FEMA rule that just went into effect that allows insureds to cancel their National Flood Insurance Program (NFIP) policy at anytime to move their coverage to the private flood market?  Moving coverage from the NFIP to All Risks’ private flood insurance can save your insureds money while also better protecting them from a flood loss by offering higher limits and more comprehensive coverage.  The information below shows the new rule from FEMA with everything that you need to know.  You can also read the full memorandum here.

All Risks, Ltd. is pleased to announce our new collaboration with Aspen Insurance and its affiliated insurance carriers, partnering to provide a superior Professional Liability program to the Architects & Engineers Professional Liability marketplace.

DALLAS, TX (October 17, 2018) - This summer, All Risks, Ltd., the nation’s largest independent wholesale insurance brokerage firm, welcomed Andrew Baker to the Dallas, TX office.  Andrew focuses on Auto Liability, Inland Marine (Motor Truck Cargo), Excess and Umbrella, Business Auto, and Motor Truck Cargo for auto-related risks throughout the South Central Region.   

HUNT VALLEY, MD (October 1, 2018) – All Risks, Ltd., the nation’s largest independent wholesale insurance brokerage firm, has introduced a new Medical Professional Liability Program for Trauma Surgeons.  This new program is focused on providing Professional Liability for general, trauma, and critical/acute care surgeons, with group sizes of up to 20 and limit of Liability coverage of $1M/$3M per provider. 

AUSTIN, TX (August 20, 2018) – All Risks, Ltd., the nation’s largest independent wholesale insurance broker, is pleased to welcome Melanie Garner as a Transportation Brokerage Underwriter to the Austin, TX office.  Melanie will focus on Auto Liability, Inland Marine (Motor Truck Cargo), Physical Damage, Excess and Umbrella for auto and transportation risks in the South Central region.

Melanie is licensed in Property and Casualty and has over 20 years of experience in the insurance industry, primarily on the wholesaler side.  She began her insurance career at Travis Boating Center in Austin, TX, offering new boat owners insurance from their in-house carrier.  Melanie joined the wholesale side of the business in 1999, where she has built and maintained strong professional relationships with key transportation agents and carriers.  Melanie is passionate about the industry and prides herself on excellent customer service and communication.