All Risks, Avondale Form Joint Venture to Provide Additional Capacity in Fla.
All Risks, Ltd. has formed a joint venture with Avondale Insurance Associates. All Risks will be able to provide its retail insurance agents and brokers with significant additional capacity in the state of Florida, excluding the tri-counties: Dade, Broward, and Palm Beach. Avondale is bolstered by Lloyd’s of London paper.
This program is designed for risks with a total insurable value (TIV) under $5 million.
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, vacant buildings (with no more than two years vacant, unless a new owner).
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