Alvarez & Marsal Holdings, LLC. Insurance Company Review
Written by
Christine Lacagnina has written thousands of insurance-based articles for TrustedChoice.com by authoring consumable, understandable content.
Our Overall Alvarez & Marsal Holdings, LLC Score
1.5 Stars
We award Alvarez & Marsal Holdings, LLC. a final rating of 1.5 out of 5 stars. The company has been around for nearly four decades now and has a high rating by the BBB. However, they aren't accredited through the BBB or rated by AM Best.
A&M appears to only offer one actual insurance product in addition to their many financial and other services, so it's difficult to rank them as an insurance company. There's no information provided about their claims process, and their contact options are extremely limited.
Further, it's virtually impossible to find any customer feedback about the company at all. Overall, we recommend working together with an independent insurance agent to survey other options for reliable insurance coverage.
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What Type of Insurance Does A&M Offer?
A&M focuses on many types of financial and other services. Their only insurance product offered is:
- Trade secret insurance
Your independent insurance agent can help you find more information about the coverage and services offered by A&M, and help you decide if this insurance company is right for you.
What to Know about Alvarez & Marsal Holdings, LLC.
Founded in 1983, Alvarez & Marsal Holdings, LLC. has been in the industry for nearly four decades. A&M is known as a leading global professional services firm and offers several financial and other services for businesses. A&M advertises turnaround management services, advisory services, and business performance improvement services.
The carrier only offers one specific insurance product today, called trade secret insurance. A&M provides their services for more than 25 countries and has more than 5,500 employees. The company's headquarters is in New York, NY.
A&M is not currently rated by AM Best, the leading global credit organization monitoring the insurance industry. AM Best ratings help advise customers on whether an insurance company is financially stable and reliable over time.
However, A&M does have an "A+" or excellent rating by the BBB. A&M is not currently accredited by the organization, though.
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What Discounts Does A&M Offer?
A&M does not make information about its specific discounts readily available. However, an independent insurance agent can help find these details for you. Working with an independent insurance agent is the best way to get matched to all potential discounts you may qualify for on your coverage.
A&M Customer Service
Here's a breakdown of A&M's customer service options and availability.
- Contact form on website
- No phone department or contact hours specified
To ensure a great customer service experience, work together with an independent insurance agent. Independent insurance agents can help handle claims and other matters for you, so you can relax and enjoy your coverage.
Alvarez & Marsal Holdings, LLC. FAQs
A&M does not provide a claims response time frame.
A&M only allows customers to contact them through a form on their website, which is incredibly limited compared to many modern carriers that allow customers to get in touch with them through several mediums.
A&M does not detail their claims process. But your independent insurance agent can file claims for you, as well as keep you updated through every step of the process.
A&M has very limited contact options and it's difficult to find any information at all about claims. Overall, A&M falls quite short in the user-friendliness department.
A&M outlines the coverage benefits and features of their trade secret insurance as:
- Fair market value replacement coverage for copied, stolen, or misappropriated trade secrets
- Expenses coverage for third parties that misappropriate trade secret agreements, which might result in penalties like restraining orders
- Recovery services and breach responses from forensic and legal experts
An independent insurance agent can help you determine if A&M's trade secret insurance is a good fit for your business's needs.
A&M functions primarily as a financial and other services business. The company is not currently rated by AM Best or accredited by the BBB. Further, it's virtually impossible to find any customer feedback about them. So, we're hesitant to call A&M a good insurance company at this time.
alvarezandmarsal.com/about-am
bbb.org/us/ny/new-york/profile/management-consultant/alvarez-marsal-holdings-llc-0121-170623
linkedin.com/company/alvarez-&-marsal/about/