About Us

Preferred Concepts is a privately held organization formed in 1989 and operates out of four offices in New York City, Irvine California, Westport and Hamden, Connecticut.

Preferred Concepts has relied on a simple philosophy to create programs and placements that enhance the performance of countless clients. For each of our clients, there is a preferred concept that can measurably improve their business performance and enhance their customer relationships. We deliver that tailored solution. Depending on our client's needs, this may mean providing:

• Access to the world's leading property-casualty insurance and reinsurance markets.
• Creative programs, expertly designed.
• Highly customized alternative market solutions, such as risk purchasing groups, captives and other self-funded vehicles.
• Online solutions that leverage technology to help brokers and agents do more business at less cost.
• A responsive and knowledgeable team of insurance professionals.

The Preferred Concepts Team of Professionals
For Preferred Concepts professionals, developing and executing strategies that work best for your business is an intuitive endeavor. Our professional staff has outstanding technical skills in coverage underwriting, actuarial analysis, pricing and other key insurance-related disciplines, as well as extensive experience working with retail brokers and agents. They bring with them a service focus that is unique in the intermediary business.

As a result, our team of professionals truly understands your placement and service requirements and those of your customers. They are sensitive to your need for a prompt, reliable response. We share your commitment to delivering service that lets you keep your customers moving out ahead of their competition — and coming back for more.

We look forward to collaborating to create a service-oriented program or placement that works better for you ... the preferred concept for you — and your customer.

In January 2006, Trident III acquired a preferred stake in the Company. Trident III, L.P., a fund managed by Stone Point Capital LLC, has acquired a minority interest in Preferred Concepts, LLC and its affiliates. Stone Point Capital is a global private equity firm based in Greenwich, CT. Stone Point Capital manages in excess of $3 billion in committed capital to make investments in the insurance, employee benefits and financial services industries.

Preferred Concepts Affiliates
Preferred Concepts offers clients a wide range of additional capabilities through our affiliated companies, including:

Integrated Risk Facilities, Inc. - Manager of a long-established Risk Purchasing Group that provides market-leading primary liability and high-limit umbrella solutions for real estate and hospitality risks.

Protector PG - A proprietary Risk Purchasing Group offering an additional primary liability option for real estate and hospitality risks.

ezumbrella.com, LLC - This premier web solution enables brokers and agents to quickly and efficiently quote, bind and secure commercial umbrella insurance with top-rated insurers for companies in the construction, hospitality, manufacturing, real state, restaurant, retail, service and wholesale industries.

IRF Administrators - A team of professionals to assist clients with service requirements, accounting , claims reporting and client relationships.