Marquis Agency Announces Formation of Marquis Advantage, a Professional Liability Co-Brokering Program

WOODBRIDGE, N.J.--(BUSINESS WIRE)--The Marquis Agency is pleased to announce the launch of Marquis Advantage, a new professional liability co-brokering program. This expansion of Marquis’ services will enable retail brokers across the nation to partner with Marquis, gaining immediate access to industry experts and leading markets for Architects, Engineers and Surveyors. By turning to Marquis Advantage, agents and brokers will gain an edge in renewing and winning new design professional business. The Marquis Advantage program will produce better pricing, broader coverage terms and a full array of industry specific risk management plans for design professional clients.

The Marquis Agency’s Design Professional Practice Group insures 1,500 design firms ranging in size from one person proprietorships to the nations’ top 100 firms. Marquis’ reputation of taking a comprehensive approach to risk management is based on a deep understanding of trends in the design professional community. This approach will be employed in the Marquis Advantage program as well, creating a valuable resource and a competitive advantage for retail brokers who insure Architects, Engineers and Surveyors or those that are looking to expand into this growing market. Marquis Advantage is staffed by a team of industry specialists with extensive experience in customizing insurance programs for design professionals.

“As the insurance market grows more competitive and the construction industry more complicated, many agents & brokers are struggling to retain their existing clients and win new business," said Lenny Waldhauser, President of Marquis Agency. “We created Marquis Advantage in response to agents and brokers who are seeking a way to effectively compete on professional and package lines of business for Architects, Engineers and Surveyors without having to spend hours learning about all the recent changes in the marketplace. Brokers can rely on us to guide them through the latest coverage requirements, helping them to grow their business and ultimately reduce any E&O exposure.”

“We are excited and committed to work with the agents and brokers to provide a sophisticated and stable solution for these sometimes challenging risks, added Ami Jastrzemski, Marquis Advantage Business Unit Manager. “Marquis can help brokers protect these intricate exposures by applying our in-depth understanding of the unique insurance and risk management needs of the ever-changing design professional industry.”

About Marquis Agency

The Marquis Agency has been providing innovative insurance solutions to thousands of businesses and professionals for over 25 years. The company offers comprehensive insurance solutions including Professional Liability, Property & Casualty, and Workers' Compensation. The company’s areas of focus include: Professional Services, Transportation, Horticultural, and Special Risks. Marquis is a subsidiary of the NIP Group, Inc., a specialized business insurance and risk management intermediary ranked among the 100 largest in the United States.