One80 Intermediaries Partners with AVMA Trust
One80 Intermediaries, a prominent specialty insurance broker, has recently joined forces with the AVMA Trust Professional Liability program to enhance insurance offerings for veterinarians. This collaboration emphasizes their commitment to providing exceptional coverage tailored to the unique needs of the veterinary community.
About One80 Intermediaries
With headquarters in Boston, One80 Intermediaries has made significant strides in the insurance industry, especially in the realms of specialty insurance and risk management. The company operates under the umbrella of Accession Risk Management Group, which encompasses a wide array of innovative risk management firms, including well-known platforms like Risk Strategies and Pearl Insurance. Together, these brands handle over $15 billion in insurance premiums and generate combined revenues exceeding $1.5 billion.
The Role of Pearl Insurance
As a subsidiary of One80 Intermediaries, Pearl Insurance plays a crucial role in delivering valuable insurance solutions to affinity groups, individuals, and brokers. Their offerings span life, health, property, casualty, and professional liability, ensuring broad coverage is available across the country. With a focus on key sectors such as medical stop loss and alternative risk strategies, Pearl Insurance is perfectly positioned to meet the fluctuating needs of its clientele.
Enhancing Member Engagement through AVMA Trust
The AVMA Trust, with its longstanding dedication to veterinary professionals, aims to offer unparalleled value through tailored solutions and services. Designed for veterinarians by veterinarians, their programs seek to empower members in reaching their personal and professional aspirations. This partnership with One80 Intermediaries aims to streamline how these solutions are delivered, focusing on enhancing the overall member experience.
A Seamless Experience for Veterinary Professionals
In an ambitious move, the AVMA Trust issued a request for proposal (RFP) to create a centralized member database that fosters seamless experiences and meaningful engagement. After careful deliberation, Pearl Insurance was selected as the prime broker/administrator for their Life & Health and Professional Liability initiatives. This role enables Pearl to provide essential products such as Employment Practices Liability Insurance, Workers Compensation, and Business Owners Policy, creating a robust safety net for members.
Comprehensive Service Offerings
As the go-to broker/administrator, Pearl Insurance will implement a range of strategic services designed to maximize efficiency and member satisfaction. Their responsibilities will encompass everything from overseeing administrative tasks and maintaining licensing requirements to deploying cutting-edge technology that facilitates effective communication and services across all platforms.
Leadership Voices
Gary P. Pearl, the CEO of Pearl Insurance, expressed his excitement for this groundbreaking partnership, remarking, "This transition represents one of the largest insurance program shifts in our industry, and we are honored to have been selected. By collaborating with the AVMA Trust, we will create a unified member experience that prioritizes seamless solutions and foster engagement, ensuring members feel valued and supported."
About One80 Intermediaries
One80 Intermediaries is a prominent player in the insurance wholesaler sector, operating across more than 40 locations in the US and Canada. This privately held firm is known for its expertise in property & casualty insurance, life insurance, and specialty coverages, catering to commercial companies, non-profits, public entities, and individual clients. With deep roots in the industry and the backing of significant insurance markets, One80 Intermediaries is truly a leader in the specialty insurance landscape.
Frequently Asked Questions
What is the focus of One80 Intermediaries?
One80 Intermediaries specializes in providing customized insurance solutions for various industries, emphasizing risk management and specialty insurance coverage.
What services does Pearl Insurance provide?
Pearl Insurance offers life, health, property, casualty, and professional liability solutions, focusing on enhancing insurance products for individual members and affinity groups.
What is the purpose of the AVMA Trust partnership?
The partnership aims to enhance member value by providing tailored insurance solutions and improving the overall member experience through strategic technology and services.
What upcoming changes can members expect from this partnership?
Members can look forward to improved administrative processes, streamlined services, and enhanced communication due to the establishment of a unified member database.
Why was Pearl Insurance chosen as a broker for AVMA Trust?
Pearl Insurance's extensive experience in the industry and commitment to member-focused solutions made it the ideal choice for managing AVMA Trust's insurance programs.
