Specialized products for specialized needs.
AMBA can provide you access to exclusive insurance products that are not offered through any other brokerage.
Our Brokerage Development Team can help you determine which products best fit your portfolio, and assist you in finding new products that will not only meet the evolving needs of your clients, but also position your brokerage for sustained growth and success.
Our program has existed for over 50 years
Experienced Underwriters
Strong partnerships with strong carriers
$311M+
COVID CLAIMS PAID
$22M+
OTHER CLAIMS PAID
Specialized Products
Fidelity Bonds
AMBA partners with best-in-class carriers to protect a broker dealer from dishonest and fraudulent acts. These bonds indemnify the employer for loss of money or other insured property sustained through dishonest acts of employees or third parties.
Event Cancellation
With coverage limits up to $40 million, EXPO-PLU$ provides comprehensive protection for lost revenue and additional expenses resulting from an unforeseen event cancellation or circumstance beyond your control, subject to terms and conditions of the policy.
A Rated
Carriers
65+
Years Serving
up to $40M
In Protection*
Fidelity Bonds
AMBA partners with best-in-class carriers to protect a broker dealer from dishonest, fraudulent acts and thus help protect its balance sheet.
Broker Dealer Fidelity Bonds indemnifies the employer for loss of money or other insured property sustained through dishonest acts of employees or third parties. Covered acts typically include larceny, theft, embezzlement, forgery, misappropriation, or other fraudulent activity committed by employees or third parties.
A typical Fidelity Bond for Broker Dealer consist of multiple Insuring Agreements that include:
Fidelity, On Premises, In Transit, Forgery or Alteration Securities, and Counterfeit Currency.
Expand Your Product Portfolio
These bonds, brokers can cater to a wide range of clients, including investment advisers, financial institutions, and businesses that require such coverage to safeguard their assets and maintain regulatory compliance.
Meet Regulatory Requirements
Certain industries and regulatory bodies mandate the procurement of fidelity bonds. By providing these bonds, you can assist clients in meeting their legal obligations, thereby positioning yourself as an essential partner in your clients' compliance strategies.
Enhance Client Trust and Confidence
Demonstrate your commitment to comprehensive risk management solutions. Clients are more likely to trust brokers who proactively address potential internal risks, such as employee dishonesty. This trust can lead to stronger client relationships and increased client retention.
Increase Revenue Streams
Fidelity bonds represent an additional product line that can contribute to your revenue. By cross-selling fidelity bonds to existing clients, or introducing them to new markets, you can tap into new income sources without significant additional effort.
Partnerships with Established Providers
AMBA is a managing general agent for AIG and with that offers exclusive access to a best in class fidelity bond for Broker Dealers.
Stay Competitive in the Market
In a competitive landscape, offering a comprehensive suite of products, including fidelity bonds, can differentiate you from your competitors. Clients seeking one-stop solutions for their insurance needs are more likely to choose brokers who can provide a full spectrum of coverage options.
Event Cancellation Insurance Coverage
EXPO-PLU$ Event Cancellation Insurance Plan is designed to protect your clients' event investments from lost revenue or additional expenses resulting from an unforeseen event cancellation or circumstance beyond control, subject to terms and conditions of the policy.
Our Event Cancellation Insurance Plan provides comprehensive protection for covered personal property owned, leased or rented by your organization while at your event or in transit. Also, the EXPO-PLU$ Event Cancellation Insurance Plan reimburses you for theft of on-site registration receipts.
Why EXPO-PLU$
EXPO-PLU$ offers you a strategic opportunity to expand your portfolio and meet the specialized needs of clients involved in event planning and management. Here's why you should be offering these products:
What's Covered
EXPO-PLU$ Event Cancellation Insurance grants customized coverage for expense and revenue losses for the following
Severe Weather Conditions
Civil Commotion
Labor Disputes
Limited Terrorism
Earthquake
Enforced Reduced Attendance
Insured Commitments
Golf Event Cancellation
Golf Hole in One
National Mourning
Future Marketing Expense
Government Requisition
Hotel Penalty Charge Coverage
Personal Property
Non-Appearance of a Speaker
Virtual Extension and Limited Computer System Failure
Outdoor Team Building/ Recreational Event
Blanket Policy