Independent wholesale insurance brokerage firm All Risks Ltd. has formed a joint venture with Avondale Insurance Associates. All Risks says it will be able to provide its retail insurance agents and brokers with additional capacity in Florida, excluding Dade, Broward and Palm Beach counties. Avondale is bolstered by Lloyd's of London paper and is committed to timely quote turnaround, policy issuance and claims handling, All Risks added.
The program is designed for risks with a total insurable value under $5 million with competitive rates and deductibles. According to All Risks, the targeted classes of business include: bars/taverns, churches, condos, distributors, hotels/motels, lessor’s risk, light manufacturing, office buildings, medical offices, warehouses/commercial condos, restaurants/catering operations, retail operations, strip malls, shopping centers and vacant buildings.
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