Sterlingrisk launches Sterling A&E with Beazley as carrier partner
SterlingRisk Insurance, an independently-owned insurance brokerage, has launched Sterling A&E, its new A&E professional liability insurance programme.
The announcement follows acquisition from Affinity Insurance Services by SterlingRisk of its renewal rights for accounts in the Aon A&E Advantage professional liability insurance programme.
Beazley, a worldwide specialist insurer with three decades of underwriting and claims service experience, will serve as carrier partner for Sterling A&E.
“SterlingRisk is an established leader in professional liability coverage,” said SterlingRisk CEO David Sterling. “In addition to servicing more than 100,000 professionals since 1932, we offer design professionals a range of coverage options backed by exceptional experience. The decision to expand our A&E offerings to include a robust A&E professional liability program advances SterlingRisk’s mission to develop and bring to market new program business. We look forward to our association with Beazley, to working with brokers with business in the Aon A&E Advantage program, and to growing our program through new brokers.”
Geraldine DelPrete, director of programs, senior vice president at SterlingRisk, outlined a host of broker benefits offered by Sterling A&E, including the ability to tailor policy conditions to their clients’ specific needs. “What we are offering is more flexibility,” she said. “The program is structured to allow for greater coverage and more competitive pricing on new policies as well as on replacement and renewal opportunities.”
According to DelPrete, SterlingRisk will introduce a simplified application in-take process along with an innovative web portal to speed service and ensure accuracy. “But perhaps our greatest advantage,” she added, “is the knowledgeable and expert underwriting staff overseeing the new program.”
Prior to launching Sterling A&E, SterlingRisk hired Jeff Grigsby as program manager and Kristen Barry as senior underwriter, two veteran Aon colleagues with a combined 50-plus-years insurance industry experience.
“Because the new SterlingRisk program is built on the foundation of a renewal rights acquisition from Aon Affinity,” DelPrete said, “Jeff and Kristen are already deeply knowledgeable of the needs of brokers and their clients. They have arranged their coverage needs before. It provides for a seamless transition and a strong foundation from which to launch our new A&E program.”
