AssuredPartners
2023年1月1日星期日
Berkshire Hathaway—does not have an Educators Legal Liability endorsement which would thus be a reduction in coverage. Also, they are in the process of acquiring Alleghany Insurance Group—the owner of your incumbent insurer, RSUI
Cincinnati-Educational Institutions Program-declined-not a market for public universities
Corvus-MGU for Accredited Specialty Ins Co (non-admitted, rated A-X; Randall & Quilter Investment Holdings, Ltd-Bermuda)-declined-currently only a market for financial institutions
Falcon Risk Services-MGA for HDI Global (owned by Talanx Group-3rd largest insurer in Germany)-declined-not a market for educational institutions.
• Alleghany is in the process of being acquired by Berkshire Hathaway. Their stockholders approved the sale on 6-9-22. Berkshire Hathaway is rated A++ XV by A.M. Best Company—their highest rating possible
Prior to binding-Subject to:
○ 2021 audited financial statement
○ No Material Change in Risk