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Capstone Insurance Launched to Address Specific Needs of Emerging and Middle-Market Companies.


Business Editors

BOSTON--(BUSINESS WIRE)--June 8, 2004

Capstone Insurance, a full service brokerage offering customized insurance solutions, has been launched to address the specific needs of emerging and middle market companies in the Boston Boston, town, England
Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent.
 area.

Capstone Insurance today announced a strategic alliance with Capstone Partners, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a leading national investment banking advisory firm dedicated to assisting middle market entrepreneurs through complex merger, acquisition and financing transactions.

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.
 John Ferrara Ferrara (fār-rä`rä), city (1991 pop. 138,015), capital of Ferrara prov., in Emilia-Romagna, N Italy. It is a rich industrial and agricultural center, located on a low-lying, marshy plain that has much reclaimed land. , Managing Partner of Capstone Partners, "We are excited to have the ability to expand our service offering to our middle market clients with the addition of the Capstone Insurance team. Similar to our philosophy and work ethic work ethic
n.
A set of values based on the moral virtues of hard work and diligence.


work ethic
Noun

a belief in the moral value of work
, our experience with the Capstone Insurance principals is that they exhaust Exhaust may refer to:

In mathematics:
  • Proof by exhaustion, proof by examining all individual cases
  • Exhaustion by compact sets, in analysis, a sequence of compact sets that converges on a given set
 any and all means to deliver for client partners."

"Capstone Insurance was established for a very simple reason, emerging and middle market companies were being underserved by large insurance brokerages," said founding partner Matthew Field. "From our own personal experience and relationships we have with venture capital, legal, accounting and banking institutions in Boston, we have come to believe that there is a real opportunity for a company like Capstone to fill this void. We will provide experienced senior partner resources and unmatched customer service to the large number of Boston area companies that comprise the emerging and middle markets."

Capstone Insurance believes that the key to providing the best service in the industry is attention to evolving customer requirements. The company's goal is to lead their clients through the entire process and beyond, always ensuring that they are receiving the proper coverage. Capstone can convert traditional programs to meet the new challenges of today's economy as well as create programs from scratch that seamlessly fit in with the organization.

Capstone Insurance coverage includes, but is not limited to these major categories:

Property/Casualty

Capstone partners with all clients to develop customized and innovative risk management programs for their business. They are there every step of the way reviewing current needs, planning for long-term goals Long-term goals

Financial goals expected to be accomplished in five years or longer.
 and keeping abreast of evolving needs through company growth.

Employee Benefits

Working as an extension of your human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  department, Capstone is committed to partnering clients with a vendor that is right for their business and long-term goals. Capstone will assume full responsibility for negotiating and implementing the program as well as communicating to employees what is available to them.

401K Planning

From their years of combined experience, Capstone understands that 401K administration is constantly evolving and they pledge to make sure their client's plan are always working for employees and evolving business needs.

Founding Partners

The founding partners are seasoned in implementing the right kind of insurance programs for emerging, middle market and businesses in transition in the marketplace. Their unique background as lawyers, serial entrepreneurs Serial entrepreneur

Business person that successfully starts (does not kill) a number of different businesses.
 and insurance professionals enables Capstone to bring direct experience in several areas of the business process. They offer a depth and breadth of experience in problem solving problem solving

Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error.
 in such areas as Directors' and Officers' Liability, Errors and Omissions errors and omissions n. short-hand for malpractice insurance which gives physicians, attorneys, architects, accountants and other professionals coverage for claims by patients and clients for alleged professional errors and omissions which amount to negligence. , Clinical Trials and Product Liability as well as all lines of Property/Casualty that is second to none.

Matthew R. Field - Managing Partner

Mr. Field has built a successful career representing emerging and middle market companies in tailoring comprehensive and cost effective insurance programs. Mr. Field is recognized as a subject matter expert in complicated risk management and insurance areas such as Errors & Omissions Liability, Directors & Officers Liability, Representation and Warranties and Intellectual Property Liability.

Prior to Capstone Insurance, Mr. Field was Managing Director of a large regional insurance brokerage firm. In this role, Mr. Field was accountable for the technology practice, which comprised hundreds of technology, life science and medical device companies ranging from emerging to large publicly traded.

Sean P
For the other similarly named artists, see Sean Price and Sean Paul.


Sean Paul Joseph (born May 7, 1979) known by his stage name Sean P (formerly Sean Paul), is an American rapper and one half (with J-Bo) of the group YoungBloodZ.
. Coady, Esquire, Practice Leader of the Capstone's Management Liability Practice

Mr. Coady's success representing clients as an insurance broker is the result of his ability to maximize his relationships and utilize his problem solving skills established during his many years practicing as an attorney, most recently at Testa Hurwitz. While at Testa, Mr. Coady practiced as both a litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 and corporate attorney.

Prior to joining Testa, Mr. Coady served as a Lieutenant LIEUTENANT. This word has now a narrower meaning than it formerly had; its true meaning is a deputy, a substitute, from the French lieu, (place or post) and tenant (holder). Among civil officers we have lieutenant governors, who in certain cases perform the duties of governors; (vide, the  in the Judge Advocate General judge advocate general (J.A.G.) n. a military officer who advises the government on courts-martial and administers the conduct of courts-martial. The officers who are judge advocates and counsel assigned to the accused come from the office of the judge advocate  Corps (J.A.G.) of the United States Navy United States Navy

Major branch of the U.S. military forces, charged with defending the nation at sea and maintaining security on the seas wherever U.S. interests extend. The Continental Navy was established by the Continental Congress in 1775.
. He is a frequent speaker on such topics and Directors and Officers Liability, Employment Practices Liability and Products Liability.

Daniel C. McMullen - Senior Partner

Mr. McMullen is responsible for establishing and maintaining relationships with insurance carriers and orchestrating all insurance placements with those carriers. Mr. McMullen has over 15 years in the insurance industry, all in the brokerage community, where he has built a successful career in designing, implementing, and managing insurance solutions. Mr. McMullen's experience has touched all areas of the property/casualty spectrum, with a specialty in problem solving in complicated areas such as Errors and Omissions Liability, Product and Professional Liability, and International Exposures.

About Capstone Insurance

Capstone Insurance is a full service insurance brokerage offering customized solutions in all lines of Property/Casualty and Employee Benefits services. We have a depth and breadth of experience in problem solving in such areas as Directors' and Officers' Liability, Errors and Omissions, Clinical Trials and Product Liability as well as all lines of Property/Casualty and health and Welfare. We distinguish ourselves from our competition by our unique backgrounds as lawyers, entrepreneurs and life long insurance professionals. The depth of our knowledge and expertise can be attributed to our direct experience in several areas of the business process. This benefits clients because we understand the big picture and all of the pieces involved. Visit www.capstonerisk.com for more information.

About Capstone Partners

Capstone Partners LLC is a leading national investment banking advisory firm dedicated to serving the transaction needs of middle market businesses. With offices in Boston and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Capstone executes complex M&A and private placement transactions across three major industries including Technology, Business Services and Specialty Products. If you would like to learn more about Capstones unique capabilities, please visit the corporate web site at www.capstonellc.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 8, 2004
Words:1010
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