NEW YORK, March 3, 2014 – First Fidelity Brokerage, Inc. (FFB) a leading independent insurance brokerage, has been awarded the placement of a three-year insurance contract by the Affordable Construction Company for a $70-million renovation project in the Bronx.
“We competed against a national broker who had the power of incumbency, which is always challenging, said Eugene B. Podokshik, President and CEO of First Fidelity. “But our results are driven by our expertise in NYC construction and our relationships with the construction insurance underwriting community, and our clients clearly see this value with dollars and cents.”
Dennis Hasher, President of Affordable Construction Company, said, “we selected First Fidelity because they delivered an alternative solution to the standard approach and it saved us significant premium dollars.”
Founded in 1994, First Fidelity Brokerage is a leading property and casualty insurance broker. First Fidelity is headquartered in New York City and has a niche specialization in real estate, construction, and education. The website is www.ffbinsurance.com.