BusinessRisk Partners

Program administrator Business Risk Partners (BRP) has released an expanded professional liability form for insurance agents and brokers through Aspen American Insurance Co., part of Aspen Insurance Holdings Limited.

Business Risk Partners (BRP) has expanded into the financial services sector with the addition of two specialty insurance coverages: miscellaneous professional liability insurance for a broad range of lenders, advisors and financial entities, as well as a comprehensive policy for registered investment advisors.

Windsor specialty insurance underwriter Business Risk Partners (BRP) said Friday it is expanding its financial services, which may lead to more jobs at the company.

“Sisters, sisters/There were never such devoted sisters …”

That familiar lyric from the classic holiday movie White Christmas was sung tongue in cheek by glamour girls Rosemary Clooney and Vera-Ellen as they twirled their lush feathered fans and swore undying devotion while warning each other: “Lord help the mister/Who comes between me and my sister.”

It’s common for rivalry to exist between siblings, especially those of the same sex. That doesn’t seem to be the case for Lisa Doherty and Linda Boborodea, who in 2000 left the corporate world to establish Business Risk Partners (BRP), a managing general underwriter based in Windsor, Connecticut, that focuses on specialty lines.

A single cyber event can create multiple exposures with potential effects on one or more of a company’s insurance policies.

Cyber underwriters grappling with liability from such events would do well to learn from property underwriters who have a wealth of experience addressing similar issues in the following three areas: aggregation exposure, business interruption and risk management.

Annamaria Landaverde, cyber practice leader, Business Risk Partners, said coverages for cyber intrusions and data breaches are leading to broader coverages under crime, general liability and property policies.