Posted on 01 Feb 2011
Allied Insurance Brokers announced today that it will begin offering a Real Estate Program through insurer, American Alternative Insurance Corporation (rated A+, XV (Superior) by A.M. Best Company).
Allied Insurance Brokers, headquartered in Marriottsville, MD, has operated as an MGU since 1996. The firm underwrites several insurance programs, largest of which is real estate, offering coverage for: Office Buildings, Retail Centers, Apartments and Condominiums primarily in the Mid-Atlantic region through select retail agents.
American Alternative Insurance Corporation*, a subsidiary of the Munich Re America Corporation, writes predominantly commercial lines insurance including management liability, professional liability, package, property, crime, inland marine, umbrella and excess casualty, general liability, commercial auto, workers' compensation, accident and health, aviation, crop-hail, and multiple peril crop.
“Having access to AAIC allows us more property capacity, territory expansion, and coverage flexibility than ever before, placing us in a solid position in the real estate insurance market going forward” says Jeffrey Marsh, CEO of Allied.