All Risks, Ltd. Blog

What is your background with All Risks and how did you land on the A&E Team? 
I started my insurance career studying Risk Management and Insurance at Temple University.  I interned with All Risks while still in school and ultimately took a full-time job with them upon graduation.  I initially worked out of our home office in Maryland, underwriting Property & Casualty risks.  Shortly thereafter, I moved over to the Architects & Engineers Professional Liability team and have now been there for just about 10 years. 

Feature Article Courtesy of Timothy J. Corbett

1. Understanding Project Expectations
Projects fail when project objectives and expectations are not fully defined and understood by all parties.  Understanding the owner’s project objectives and expectations is essential for a successful project.  If project expectations are not clearly understood, team members start making assumptions on what they think should be done that creates conflicts leading to project failure.

All Risks, Ltd. was rated both a “5-Star” and an “All-Star” Wholesale Broker & MGA in Insurance Business America’s (IBA) “Five-Star Wholesale Brokers and MGAs” 2019 survey.  Retail producers were asked to rate the performance and service of their wholesale broker on a scale of 1 (poor) to 10 (excellent) in eight areas: 

1. Underwriting responsiveness/turnaround time 
2. Technical expertise and product knowledge
3. Range of products
4. Compensation (commission, bonuses, profit-share, etc.)
5. Claims support
6. Marketing support
7. Technology/automation
8. Communication 

DALLAS, TX (April 3, 2019) – All Risks, Ltd., the nation’s largest independent wholesale insurance broker, is excited to introduce All Risks Energy (ARE), a national energy practice comprised of a diverse group of brokers with complementary backgrounds and product specialization.  ARE provides unique solutions for the complex operations and coverages associated with Energy insurance placements.

The use of technology in the workers’ compensation space is bringing significant, and positive, changes to this insurance market.  Claims frequency is falling, which in turn is driving down rates everywhere, according to one expert.

The 2019 International Pizza Expo rolled into Las Vegas on March 4th-7th and it was safe to say that no one went hungry!  Who doesn’t love pizza?  The International Pizza Expo is the world's largest pizza industry show, which celebrated its 35th year of servicing independent and chain pizzerias with over 7,000 attendees and 1,787 exhibitors.  The expo was a product cornucopia for the pizza industry, where you could find anything from pizza ovens, specialty meats, warming bags, GPS delivery driver trackers to POS software.  However, the best thing about this expo was the industry information, education, and the FOOD!  

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.

Insightful lessons can be learned by reviewing professional liability issues. With this in mind, Gallagher Affinity provides this column for your review. For more information about liability issues, contact Irene Walton at irene_walton@ajg.com.

Do you have difficult clients that don’t fit into your firm strategy or culture? Do you regularly debate whether or not you should continue the client relationship? This is a question CPA firms should ponder on a regular basis – ideally every six months, but annually at a minimum.

HUNT VALLEY, MD (March 1, 2019) – All Risks, Ltd., the nation’s largest independent wholesale insurance brokerage firm, is pleased to introduce its exclusive new I nsurance Agents and Brokers E&O program.  The National Specialty Programs unit of All Risks is the exclusive administrator of this program.

MINNEAPOLIS, MN (February 14, 2019) – ALIVE RISK, a division of All Risks, Ltd., is pleased to announce that Lynne Dudley has joined the organization as Senior Accident & Health Production Underwriter.  In her role, she will be responsible for underwriting Accident & Health coverage for intercollegiate sports, K-12, participant youth & amateur sports, Business Travel Accident, and special risks.

RICHMOND, VA (February 8, 2019) – All Risks, Ltd., the nation’s largest independent wholesale insurance broker, is pleased to welcome Caroline Shaddow, Brokerage Underwriter, to the Richmond, VA office.