Bostonian Group Launches Risk Management Practice

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Tue Jun 16, 2009 8:30am EDT

Leading Benefits Company Expands into P&C in Response to Client Demand


BOSTON--(Business Wire)--
The Bostonian Group, which offers expertise and practical solutions for employee
benefits, HR services, executive compensation, retirement and financial
planning, today announced the introduction of a new practice, Bostonian
Solutions Property & Casualty, LLC. The firm`s new risk management practice
specializes in protecting companies and their employees against a wide variety
of financial, operational and strategic risks. 

Today`s challenging business environment is expected to put more pressure than
ever on companies` risk management strategies. Bostonian Solutions Property &
Casualty meets a market need for CFOs, HR directors or risk managers looking to
respond to current vulnerabilities, like higher employment liability risks due
to the shrinking economy and spate of layoffs. In addition, with P&C rates
declining for six years now, industry surveys show that when companies switch
carriers, they reduce their rates by five to 10 percent, or more. 

"Our clients are feeling this softness and asking us to get into the market, not
only because we could potentially get them lower premiums but because we`re a
partner they trust," said Jim Blue, chairman and CEO of The Bostonian Group.
"That`s why expanding into risk management made sense for us. In everything we
do, we`re focused on educating clients and helping them make the best decisions
for their business, now and in the future. Our employee benefits clients want
this same high-touch service for their complex business insurance needs." 

Bostonian Solutions Property & Casualty provides all forms of commercial
products and professional liability services including employment practices,
errors & omissions (E&O), directors & officers (D&O), fiduciary and umbrella
coverage. The practice also offers automobile, property, inland marine,
crime/fidelity and workers compensation services. As part of a
relationship-focused advisory and brokerage firm, experienced business insurance
professionals provide consulting in the areas of executive protection, risk
management and loss control. 

"Every client has unique needs, so we create tailored solutions through a
five-step risk assessment process that examines risks and measures their
potential impact," said Dom Sestito, principal, Bostonian Solutions Property &
Casualty. "From this in-depth analysis, we recommend appropriate strategies to
manage or mitigate risks. Unlike many of our competitors, we also meet with our
clients at least quarterly to review their policies and ensure we`re always
getting them the best coverage at the best rates from the most financially
secure insurance carriers." 

For more information about Bostonian Solutions Property & Casualty, please
contact Dominic Sestito at 617.587.2340 or dsestito@bostoniansolutions.com. 

About The Bostonian Group

Bostonian Group offers expertise and practical solutions for employee benefits,
HR services, executive compensation, retirement and financial planning so its
clients can attract, hire and retain the best employees. While its clients
remain focused on their growth and profitability, Bostonian Group provides
just-in-time expertise for any business transition or new opportunity, from
incorporations, expansions, mergers or acquisitions to the day-to-day
requirements of running a private or public company. A division of Bostonian
Group, Bostonian Solutions offers benefits solutions and services for smaller,
high-growth companies. Bostonian Solutions Property & Casualty specializes in
protecting individuals and their companies against a wide variety of financial,
operational and strategic risks. 

Founded in 1973, Bostonian Group serves some of the most successful and rapidly
growing companies in New England including Akamai, The Herb Chambers Companies,
MITRE, Suffolk Construction and Workscape. For more information visit:
www.BostonianGroup.com. 





The Bostonian Group
Christine McAuliffe, 617-587-2356
christine.mcauliffe@bosgroup.com
or
For The Bostonian Group
Stacey Mann, 617-699-4853
smann@greenoughcom.com



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