News | May 10, 2007

ABD Insurance And Financial Services Ranked Top U.S. D&O Broker

Redwood City, CA - ABD Insurance & Financial Services is once again one of the leading directors and officers liability insurance broker in the United States, according to the 2006 Towers Perrin D&O Survey Report. ABD achieved a 25 percent share as the primary retail broker for the accounts surveyed – up from 22.5 percent last year and ahead of its nearest competitor by nearly four percent. A leading provider of global insurance, risk management and employee benefits solutions, ABD has been ranked in the Towers Perrin Survey as one of the country's top three D&O brokers for each of the past 7 years and number one for the past three. ABD was one of the leading broker in half of the 16 business classes covered in the survey and was one of the nation's top four brokers in every classification.

"The Towers Perrin Survey Report is ongoing evidence of the confidence and trust that businesses and their leaders in a wide range of industries place in us," stated Dan Francis, President and Chief Executive Officer of ABD. "D&O is a mission critical coverage requiring advisors who are real market experts and aggressive advocates. We're very proud to be recognized in this way by our clients and by Towers Perrin for a third consecutive year."

The annual Towers Perrin Survey presents market share for retail brokers based on the number of accounts for which they serve as primary D&O broker. There were 2,846 U.S. participants in the 2006 survey, covering 16 major industry classifications.

SOURCE: ABD Insurance & Financial Services