WGA Named #2 D&O Broker in U.S.
Date: July 1, 2008
For Immediate Release
BOSTON, MASSACHUSETTS, July 1, 2008 - William Gallagher Associates (“WGA”) has again been named a leading broker by the Towers Perrin 2007 Directors' and Officers' (D&O) Liability Survey of Insurance Purchasing and Claims Trends, with an overall ranking as the second largest practice in the United States.
WGA was also named the #1 broker to the Biotechnology & Pharmaceutical, Technology and Utilities industry sectors, #2 within the Non-Banking Financial Services and Transportation & Communications areas, and ranked #3 in Health Services.
“We have always been committed to providing our clients with the best risk management advice; this report is a testament to our ExecutiveRisk team and their expertise in protecting the boards at our public and privately held clients,” said Philip J. Edmundson, Chairman and CEO of WGA. “We continue to strive to be the best in the business when it comes to providing D&O, especially to these complex industry sectors.”
WGA’s ExecutiveRisk Practice is a dedicated team of insurance professionals providing protection, claims advocacy, and leadership on all issues pertaining to the liability of individual directors and officers as well as their companies, both publicly and privately held.
This Towers Perrin survey, the 30th in a series of studies on trends in purchases of D&O liability insurance, is based on information from a record 2,927 participants along with related claim data. The study is considered the most in-depth of its type.
William Gallagher Associates (WGA) is a leading provider of insurance brokerage, risk management and employee benefit services to companies with complex risks and dynamic needs, within industries that include life sciences, technology, financial risks, healthcare, energy, clean tech and environmental services. The firm was founded in 1983 and is one of the country’s leading independent brokerage firms, with offices in Boston, MA; New York, NY; Hartford, CT; Princeton, NJ Columbia, MD; and Atlanta, GA.
For more information, please contact:Susan Forbes
Vice President/Marketing Director
William Gallagher Associates
Boston, MA 02210