"Your experience and attention to detail helped us avoid a possible “nightmare” down the road if we ever had an accident / emergency."
President, Multi-State Engine Manufacturer
"Your loyal and well-prepared colleagues continue to be magnificent and efficient whenever I call your office. You are well-represented. Many thanks for always guiding me through the esoteric NJ law firm insurance world."
Partner, New Jersey based Law Firm
"Thank you for the dedication and professionalism exhibited by your staff in keeping the complicated insurance issues of my company in good stead. My risk management concerns were eased allowing me to focus on my other CFO responsibilities. I have worked with many insurance agencies and rank Connolly at the top."
Controller, Metal Fabricator, New Jersey
"You have personnel that function at the highest caliber. They are meticulous and immediately researched all of our business insurance concerns and answered all our questions. They are innovative and exceed my expectations 100% of the time..."
Director, Finance, New Jersey based Prep School
"W.H. Connolly & Co. is a fine institution and one that still recognizes the importance of responsibility, effectiveness, and competence in New Jersey business insurance."
Personal Lines Client, New Jersey
"I would like to express our sincere thanks for all of the guidance and assistance that you have provided with our recent insurance claims matter. Your guidance is analogous to the beam from a lighthouse cutting through the fog and leading us to the safety of the harbor."
Mayor, New Jersey Municipality
"Connolly provides incredible customer service. I think that your attention to detail, prompt replies and courteous service make you stand out among New Jersey insurance agencies. We consider ourselves lucky to have you as a member of our New Jersey insurance and risk management team."
VP, Senior Risk Officer, New Jersey Hospital
The push for shared patient information designed to improve care and reduce medical errors along with Federal subsidies and potential penalties is fueling increased adoption of EMR. See this informative article from Beth Fitzgerald of NJSpotlight Dec. 16, 2011. www.njspotlight.com/stories/11/1216/0253/
Organizations are facing increased costs and declining revenue as a result of the current economic environment. For organizations that maintain full service contracts with original equipment manufacturers, there are significant opportunities to consolidate contracts, improve cash flow, and reduce costs. By consolidating equipment service and repair under one program, we put companies in control of their costs, program administration, and delivery of services. Our approach blends a self-managed deductible with a stop loss contract that guarantees a minimum annual savings, and a maximum cap on annual expenditures. Any portion of the deductible that is not spent equates to additional savings.
Program Highlights:
Comprehensive equipment service and repair program that puts you in charge of your equipment maintenance spending.
Self Insured Retention or First Dollar Programs will generate 15%-30% savings over full service contracts.
Retain your current vendors, and/or be reimbursed for in house staff providing maintenance and repairs.
Online access to all service and repair information in real time.
Equipment procurement and engineering support is included.
Appropriate Industries:
Healthcare and Hospitals, Higher Education, Municipalities and Schools, Real Estate Portfolios, Banking and Financial Institutions and Manufacturing to name a few.
Contact:
Bryan Marks or Peter Koppisch at 973-744-8500
Medical Protective, the nation’s strongest and longest-standing insurer of Medical Professional Liability for healthcare providers, has agreed to acquire Princeton Insurance, a premier Medical Professional Liability insurer based in Princeton, New Jersey. The acquisition is subject to customary closing conditions and regulatory approvals. Princeton Insurance will be wholly owned subsidiaries of Medical Protective.
With approximately $700 million in annual premium, Medical Protective is a national leader in primary medical professional Liability coverage and risk solutions for healthcare providers, including physicians, dentists, chiropractors, optometrists, podiatrists, allied health professionals, and health care facilities. As the nation’s first provider of Medical Professional Liability insurance, Medical Protective has been protecting the assets and reputations of healthcare providers since 1899. Medical Protective is currently rated A++ (superior) by A.M. Best.
With the industry-leading financial strength of Berkshire Hathaway’s Med Pro supporting Princeton upon the closing of the transaction, Princeton currently not rated by leading insurance rater A.M. Best – is expected to apply for financial strength ratings and be positioned to offer additional products and services to healthcare providers throughout the region.
From a policyholder perspective this transaction will provide the best of both worlds; outstanding service which has been the hallmark of Princeton Insurance for over 35 years, and superior financial strength for which Medical Protective is best known.
As Princeton Insurance Company’s largest agent, William H. Connolly & Co. is excited about this transaction and recognizes the benefit that will be created for all current and future policyholders. Financial strength is an extremely important aspect of the insured/insurer partnership. We pride ourselves in creating and maintaining relationships with carriers such as Princeton, Medical Protective, Chubb, and New Jersey Manufacturers who are best known as leaders in the insurance community for maintaining high standards of service coupled with a strong financial presence.
Copyright ©2011 – William H. Connolly & Co., LLC. Specializing in New York AE Insurance, New Jersey AE Insurance, Pennsylvania AE Insurance, and New York Architect Insurance. ALL RIGHTS RESERVED.
