Acordia Launches New National Risk Finance Group

Chicago-based Acordia Inc. has established a Risk Finance Group that will serve as a national resource for both clients and producers.

The new group will offer client consultations and other insurance services to protect clients from the financial risks associated with corporate governance, errors and omissions, employment practice liability and environmental liability.

In addition to a broad spectrum of risk transfer and financing techniques, Risk Finance Group’s client services will include policy analysis and evaluations, legal reviews and claims advocacy to help clients identify their risk exposures and maximize their risk retention. Clients will also benefit from the group’s knowledge of carriers, coverages and contracts, and from direct access to the markets.

The core risk finance team has 54 years of combined experience in private law, insurance specialty products, financial management, underwriting and marketing/business development, and a wide range of industry experience from manufacturing and telecommunications to technology and health care.

Acordia is owned by Wells Fargo & Co.