ABD Insurance and Financial Services Again Ranked Top D&O Broker in the U.S.; Focus on Client Advocacy and Customized Brokering Strategies Keeps Silicon Valley-Based Broker Number One for Second Straight Year.REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif. -- ABD ABD n. A candidate for a doctorate who has completed all the requirements for the degree, such as courses and examinations, with the exception of the dissertation. [a(ll) b(ut) d(issertation).] Insurance & Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. (www.cybersure.com) is once again the leading directors and officers liability insurance Directors and Officers Liability Insurance is insurance payable to the directors and officers of a company to cover damages or defence costs in the event they are sued for wrongful acts while they were with that company. broker in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the 2005 Tillinghast-Towers Perrin D&O Survey. ABD achieved a 24.2 percent market share as the primary retail broker for the accounts surveyed -- finishing ahead of its nearest competitor by nearly five percent. A leading provider of global insurance, risk management and employee benefits solutions, ABD has been ranked by Tillinghast as one of the country's top three D&O brokers for each of the past 6 years. ABD placed # 1 in a majority of the business classes covered in the survey and is ranked among the top three brokers in all but two of the classifications (durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. and utilities). The Technology and Biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. & Pharmaceutical sectors are among the largest industry segments represented in the survey -- and are particular areas of emphasis and expertise for Silicon Valley-based ABD, which has one of the nation's largest practices specializing in information technology, biotechnology, medical device and healthcare companies. "The 2005 Tillinghast Survey is yet another affirmation of the confidence that businesses and their leaders place in us," stated Dan Francis, President and Chief Executive Officer of ABD. "D&O is a mission critical coverage that requires advisors with experience and true expertise. The only way to consistently deliver the broadest coverage terms at the lowest price is through a customized approach and strong market clout." The annual Tillinghast-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 2,645 U.S. participants in the 2005 survey, covering 15 major industry classifications. "ABD continues to invest significantly in building a world class D&O practice," notes Brian Hetherington, Managing Director of ABD's Technology Services Practice. Our #1 team keeps getting deeper and better with the recent additions of Winnie Van as Director of our Financial Services Group and Matt McFall as our M&A and Private Equity Services Group leader." ABD Insurance and Financial Services, www.cybersure.com Trust. Expertise. Advocacy. Value. ABD provides insurance brokerage, employee benefits consulting and risk management solutions to clients across the United States and around the world. An industry leader and innovator, ABD is widely recognized for its collaborative, client focused culture and leading edge customer support -- accessible 24/7/365 via ABD's award winning Web site, CyberSure(R). Now the 14th largest U.S. retail broker and the nation's number one broker of D&O Liability insurance, ABD has 785 employees, 17 major offices in strategic regional business centers across the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century and annual revenues of approximately $150 million. ABD is a subsidiary of Greater Bay Bancorp (Nasdaq:GBBK), a financial services holding company. |
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