International Placement Services - Broker Spotlight
International Placement Services Inc.
Broker Spotlight
Wade E. Clay, CPA
Vice President - Alternative Risk Products

Wade is a Certified Public accountant and has been in the insurance industry since 1982.

His current responsibilities as Department Head include the underwriting and marketing of Public Entity and School accounts, which include both first Dollar and Retention type programs.

In addition, Wade is primarily responsible for the underwriting, marketing and development of our "All Lines Aggregate Program."

Prior to joining IPSI, Wade worked for a managing general agent handling the credit risk analysis for a large insurance carrier specializing in Workers' Compensation and various financial insurance products, negotiating and communicating with retail brokers, CEOs, CFOs, bank officers and state regulators.

Public & Municipal Programs:

  • First Dollar Programs
  • SIR or Deductible Programs
  • ALL Lines Aggregate Programs

  • Property & Inland Marine
  • General Liability
  • Automobile Liability
  • Crime Cover
  • Law Enforcement Professional
  • Public Officials Liability
  • Workers Compensation

IPSI has developed a sizable portfolio of Public Entity business encompassing a wide variety of risks and lines of coverage.

We know that providing local governmental entities with the right insurance protection starts with a thorough understanding of how they operate. When you work with us, you are working with seasoned professionals who are experienced in addressing the unique needs of Public Entities.

  • First Dollar programs can carry deductibles as low as $500 for some of your smaller Public Entities.
  • SIR or Deductible program retentions normally start as low as $5,000 and can vary by line of coverage.
  • IPSI also specializes in Self Insured Groups or Pools.

The "ALL Lines Aggregate" Program

  • Minimum SIR of $25,000 on all lines ($100,000 Work Comp SIR)
  • Annual Aggregate Stop Loss over all coverages. (Allows the budgeting of the maximum annual cost)
  • Unbundled TPA services

To learn more about our Public Entity practice, please click this link...

About Us...

International Placement Services, Inc. (IPSI) is an independently owned, multi-line wholesale insurance broker. We have special expertise in Professional/D&O, Construction, Alternative Risk, Public Entity, Property/Inland Marine, Primary & Excess Casualty as well as Standard Market access.

To download our most current IPSI Product Brochure, click here...

For more information please call (800) 999-4774 or visit our web site at www.ipsico.com

Wade E. Clay, CPA
Vice President
Alternative Risk Products
Phone: 314-725-8394 (ext 235)
Kerri Senger
Broker
Alternative Risk Products
Phone: 314-725-8394 (ext 249)

California License # OE50717