ABD Insurance and Financial Services Now 2nd Largest D&O Broker In the United States

Silicon Valley Based Broker Continues Climb in D&O Rankings



Apr 11, 2001, 01:00 ET from ABD Insurance and Financial Services

    REDWOOD CITY, Calif., April 11 /PRNewswire/ -- ABD Insurance and Financial
 Services, a leading provider of global risk management and employee benefits
 solutions, now ranks as the second largest U.S. broker of directors & officers
 (D&O) liability insurance according to the 2000 Annual Tillinghast-Towers
 Perrin Survey (formerly the Wyatt Survey).  Already acknowledged as one of the
 nation's premier D&O brokers, ABD further increased their market share in 2000
 (moving from third position to second) and are now just one percentage point
 from the survey's top ranking.  In addition, ABD ranked among the top three
 brokers in 11 of 14 industry categories -- more than any other U.S. broker.
     ABD's strong showing reflects in part the company's increasing dominance
 among high technology firms headquartered in Silicon Valley and other major
 U.S. technology hubs.  The company has one of the largest specialty technology
 practices in the country, providing insurance and risk management services to
 more than 1,000 technology companies world wide.
     "I am very pleased with our results and specifically the tremendous growth
 in our D&O practice," notes Dan Francis, president, ABD Technology Services.
 "At a time when many brokers are challenged with infrastructure issues and a
 restrictive insurance marketplace, ABD has never been in a better position to
 provide creative solutions to our clients needs."
     The number of retail accounts for which an organization is the primary
 broker determines market share in the Tillinghast-Towers Perrin Survey.  The
 majority of the 1,878 U.S. participants in the survey were publicly traded
 corporations and all major industry groups were represented.
 
     About ABD
     ABD is the largest privately held insurance brokerage and employee benefit
 consulting organization in the Western United States.  For over 50 years, the
 company has combined global knowledge, programs and resources with regional
 expertise and personal, local service to become a leading provider of
 worldwide risk management and employee benefit solutions.  ABD currently has
 over 520 employees, 10 offices in California and nearly $90 million in annual
 revenues.  For additional information on ABD and its products and services,
 visit the company's Web site at www.cybersure.com.
 
 

SOURCE ABD Insurance and Financial Services
    REDWOOD CITY, Calif., April 11 /PRNewswire/ -- ABD Insurance and Financial
 Services, a leading provider of global risk management and employee benefits
 solutions, now ranks as the second largest U.S. broker of directors & officers
 (D&O) liability insurance according to the 2000 Annual Tillinghast-Towers
 Perrin Survey (formerly the Wyatt Survey).  Already acknowledged as one of the
 nation's premier D&O brokers, ABD further increased their market share in 2000
 (moving from third position to second) and are now just one percentage point
 from the survey's top ranking.  In addition, ABD ranked among the top three
 brokers in 11 of 14 industry categories -- more than any other U.S. broker.
     ABD's strong showing reflects in part the company's increasing dominance
 among high technology firms headquartered in Silicon Valley and other major
 U.S. technology hubs.  The company has one of the largest specialty technology
 practices in the country, providing insurance and risk management services to
 more than 1,000 technology companies world wide.
     "I am very pleased with our results and specifically the tremendous growth
 in our D&O practice," notes Dan Francis, president, ABD Technology Services.
 "At a time when many brokers are challenged with infrastructure issues and a
 restrictive insurance marketplace, ABD has never been in a better position to
 provide creative solutions to our clients needs."
     The number of retail accounts for which an organization is the primary
 broker determines market share in the Tillinghast-Towers Perrin Survey.  The
 majority of the 1,878 U.S. participants in the survey were publicly traded
 corporations and all major industry groups were represented.
 
     About ABD
     ABD is the largest privately held insurance brokerage and employee benefit
 consulting organization in the Western United States.  For over 50 years, the
 company has combined global knowledge, programs and resources with regional
 expertise and personal, local service to become a leading provider of
 worldwide risk management and employee benefit solutions.  ABD currently has
 over 520 employees, 10 offices in California and nearly $90 million in annual
 revenues.  For additional information on ABD and its products and services,
 visit the company's Web site at www.cybersure.com.
 
 SOURCE  ABD Insurance and Financial Services