Nancy Brown Joins ABD’s Real Estate Team
SAN MATEO, Calif.--(BUSINESS WIRE)--ABD Insurance & Financial Services, Inc. announces that Nancy Brown has joined as Vice President, Real Estate. In this role, Nancy will focus on further building this important industry vertical. “ABD team members have been working with real estate clients for decades and Nancy is evidence of our commitment to growing this practice,” said Rod Sockolov, Executive Vice President, Property & Casualty.
“My goal at ABD is to ensure that we meet – and exceed – each client’s individual property insurance needs”
Ms. Brown has 19 years of experience in the insurance industry and has been specializing in Commercial and Habitational Real Estate. Over her career, she has also served clients in the nonprofit, hospitality, entertainment and technology industries.
“My goal at ABD is to ensure that we meet – and exceed – each client’s individual property insurance needs,” says Nancy. “Whether that means placing separate policies for each region in order to guarantee best coverage, price and terms or placing one large program with creative retention options - ABD has a solution.”
The following are a few of Ms. Brown’s observations of current property market trends:
“In 2013 the strengthened capital positions of the global insurance markets, along with the entrance of new capacity, led to decreases in Commercial Catastrophe market pricing. This helped to offset the slight increase in the all risk markets. Habitational rates continue to experience pressure due to reduction in market capacity, especially in wind/hail exposed regions.”
"Nancy’s reputation as a tenacious Real Estate advocate is well known. She adds breadth and depth to an already strong team. Her can-do attitude and creative approach has already won her great accolades. Nancy’s expertise and forward-thinking will allow ABD to continue examining client issues from all perspectives –resulting in innovative protection and value for our clients,” CEO and Co-Chairman Brian Hetherington remarked.
“Nancy brings a dedication to helping her clients that is rarely seen; she is a natural fit to what we are building at ABD. The unique risks of our real estate clients requires an expert like Nancy who understands these risks, knows the insurance markets to target, and the appropriate insurance coverages to negotiate,” remarked Sockolov.
“As risk and reward professionals, one of our core tenants is to “connect smart-minded to like-minded.” This means that those we hire are not only the best and the brightest, but they are also an excellent fit within the ABD culture. Nancy’s credentials are exceptional. She brings a level of experience and expertise that significantly enhances our real estate discipline. Equally important, Nancy chose to join The ABD Team to be a part of a culture that is fanatical about providing white glove client service,” commented Kurt de Grosz, President and Co-Chairman.
ABD Insurance & Financial Services
We are the ABD Team. Our 150 risk and reward professionals are dedicated to helping you understand the relationship between risks and rewards—so that you can strike the right balance to achieve your goals. We partner with organizations of all sizes to help them develop strategies and tactics that fit their unique culture, taking care of the details so that they can stay focused on building success.
Headquartered in San Mateo, with offices in San Francisco, San Jose, and Walnut Creek, ABD has a history that spans over 75 years. Many of our risk and reward professionals have been recognized as the best and the brightest in the insurance and financial services industries. Our practice areas include Employee Benefits programs, 401k and Retirement Services, Property & Casualty insurance, Executive Protection, Private Client Services, and more.