All Risks

Type: Private
On the web: http://www.allrisks.com

Founded in 1964, All Risks is a wholesale broker of excess and surplus insurance and a managing general agent for insurance carriers. The company sells and services a variety of wholesale commercial insurance lines including general and professional liability, automobile, workers' compensation, directors and officers, and umbrella insurance. It has specialty programs for some industries, including alarm companies, political campaigns, public livery, security guards, and janitorial contractors. All Risks also sells some personal lines, including high value homeowners and vacant dwelling insurance. It operates nationwide, with offices in 11 states.

Officers:
CEO: Nicholas D. (Nick) Cortezi
President: Matt Nichols
SVP Operations: Mark Melander

Competitors:
Aon
Arthur Gallagher
Marsh & McLennan

Insurance that covers each and every loss except for those specifically excluded. If the insurance company does not specifically exclude a particular loss, it is automatically covered. This is the broadest type of property policy that can be purchased. For example, if an insurance policy does not specifically exclude losses from wind damage, or from a meteor falling on the insured's house, the insured is covered for such losses. See also Named Peril Policy; Specified Peril Insurance.

On a construction project, insurance that protects the policyholder against all risks other than those which are specifically excluded by the policy.