Massachusetts IPO's Choose WGA
BOSTON, May 19 /PRNewswire/ -- William Gallagher Associates ("WGA") was selected as the insurance broker to over 45% of all the companies in Massachusetts that went public last year (10 out of 22 Massachusetts' IPOs in Jan - Dec 2007).
WGA is a proven leader in IPOs, having served as the Directors' & Officers' Liability (D&O) broker for more than 150 companies during their Initial Public Offering over the past 25 years. Today, WGA manages the D&O programs more than 200 public companies. "WGA has been successful in the IPO market because of our team's unique ability to advise and negotiate D&O terms and conditions on behalf of our clients," said WGA's Chairman and CEO, Philip J. Edmundson. "D&O insurance for companies on the track to an IPO can be a complex process due to the public securities exposure surrounding the offering. Our ExecutiveRisk team is unrivaled when advising clients in this area."
WGA's ExecutiveRisk Practice is a team of experts dedicated to providing protection and advocacy on all issues pertaining to the liability of individual directors and officers, and their companies, both publicly and privately held. In fact, this team led WGA to be ranked as the second largest brokerage practice in the United States by the most recent Tillinghast Towers Perrin Survey. This prestigious D&O survey represents companies, the majority of which are publicly traded, from all major industry groups. WGA is a leading provider of insurance brokerage, risk management and employee benefits services to companies with complex risks in industries that include high technology, life sciences, financial risks, healthcare, aviation, energy and environmental services. The firm was founded in 1983 and is one of the country's leading independent brokerage firms, with offices in Boston, MA; New York, NY; Hartford, CT; Columbia, MD; Princeton, NJ; Atlanta, GA; and Paris, France. First Call Analyst:
CONTACT: Susan Forbes, Marketing Director of William Gallagher Web site: http://www.wgains.com/
2008-05-19 17:27:19 0365728 PRNEWSWIRE
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