The United States has become an increasingly litigious society. All businesses, not-for-profits organizations and individuals face the possibility of liability losses from third party claims. A liability loss is money that is paid as a result of a specific legal claim or suit against a person or organization. Persons and organizations are exposed to various types of liability losses including those arising from the company premises, off-site operations, products, advertising or professional activities. Damage awards and settlements of liability claims have been on the rise for years and are now at the point where multimillion-dollar settlements are no longer the exception. Even if a claim or lawsuit is eventually dismissed or proved groundless, the cost to defend the claim can be enormous.

Organizations try to mitigate losses through risk control efforts and risk financing. Risk control is intended to prevent losses from occurring or reducing the severity of losses that do occur. The goal of risk financing is to have funds available to pay for losses to lessen the impact on the organization's balance sheet. Risk financing techniques include the purchase of insurance, contractual transfer of risk and various combinations of insurance and risk retention. The talented staff at William H. Connolly & Co. can assist in the analysis of risk to help you determination the best risk financing technique to meet the needs of your organization.

There are various types of insurance products that are tailored to respond to the specific risk exposures faced by specific organizations. A retail store on Main Street and a multi-national manufacturing firm, a fifty person law firm and commercial contractor, an inner-city hospital and a charitable foundation, all face risks in common but also have risks unique to each of these businesses. William H. Connolly & Co. has clients in most business segments and can both determine and obtain the best insurance product to meet the needs of these clients.

William H. Connolly & Co. understands the risks your organization faces and the insurance coverages vital to protecting you from loss. We have years of expertise in the following liability insurance coverages:

• Architect and Engineers Professional
• Automobile
• Aviation
• Commercial General
• Directors and Officers
• Employment Practices
• Environmental Liability
• Health Care Providers Professional
• Hospital Professional
• Lawyers Professional
• Products
• Workers Compensation and Employers Liability