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News

All Risks, Ltd. Acquires Specialty Risk Underwriters

Tuesday, December 01, 2015

HUNT VALLEY, MD (November 30, 2015) – All Risks, Ltd., the nation’s largest independent wholesaler, announces its acquisition of Specialty Risk Underwriters (SRU), a national program administrator based in St. Petersburg, FL.  Specialty Risk Underwriters has developed a variety of accident insurance plans and national comprehensive packages for sports organizations, school districts, colleges/universities, camps, special events and even individual students.  SRU has joined All Risks, Ltd. effective November 1, 2015.  Terms of the transaction were not disclosed.

Kent and JoAnna Lynch, founders of Specialty Risk Underwriters, have joined the Alive Risk division of the National Specialty Programs unit of All Risks as Directors of the Accident Medical Programs.  They will continue to operate from St. Petersburg, running their day-to-day operations, marketing and underwriting their national products, while continuing to enhance their packages for current and new clients.

“Kent and JoAnna bring new expertise and very intuitive online applications to our existing retail agency partners.  We are fortunate to offer their unique products and knowledge, which is different from anything that All Risks has previously done,” stated Chris McGovern, Senior Vice President of All Risks, Ltd.’s National Specialty Programs.

Accident medical products are available to students of intercollegiate sports, public, private, and parochial schools; catastrophic accident for schools and sports organizations; accident for athletes, coaches, trainers and invited guests; accident for volunteers and staff members of childcare programs; accident for volunteers at events, as well as K-12 voluntary student accident plans.  International travel medical insurance is also available.

Comprehensive packages are available to a variety of organizations, such as single and large amateur sports teams, sports associations, special events, group activities and social clubs, as well as a variety of camping organizations.  Packages include general liability, participant liability, accident medical, additional insured coverage, liquor liability, abuse/molestation liability, directors and officers liability, property damage, non-owned hired auto liability, and equipment.  Please contact an Alive Risk/SRU underwriter to determine which coverages are available to your client.

Minimum premiums are very competitive and many are very low.  Coverage can be written with multiple, admitted A.M. Best A rated carriers.  All applications are available at www.SRUins.com and many can be completed online.  Please contact Kent and JoAnna with questions. 

Kent Lynch can be reached at 855-237-5280, by cell at 727-519-8351 or klynch@sruins.com.  JoAnna Lynch can be reached at 855-237-5280, by cell at 727-519-8595 or jlynch@sruins.com.

All Risks, Ltd., based in Hunt Valley, Maryland, is the largest national independent wholesale brokerage firm offering comprehensive insurance solutions with a full service platform of brokerage, contract binding, exclusive national programs and specialty personal lines products for retail insurance agents and brokers nationwide.  The 51-year-old firm employs over 750 staff members in offices located in Maryland, Arizona, California, Colorado, DC, Florida, Georgia, Illinois, Indiana, Louisiana, Minnesota, New Jersey, New York, North Carolina, Pennsylvania, Texas, Virginia and Washington.  To learn more, please visit www.allrisks.com.

Please visit our CompleteMarkets storefront: National Specialty Programs of All Risks, Ltd.