Wheaton, IL / Nationwide· Since 2006
Providing Insurance Services
Advanced Insurance Partners, Inc. — Your Risk Management Advisers
About Advanced insurance partners (AIP)
Comprehensive Insurance & Risk MGMT Services
Advanced Insurance Partners, Inc. (AIP) is an Insurance Agency with a staff of Risk Management advisers — we specialize in all forms of insurance. Commercial & Personal lines plus Life & Health. We bring our clients and insurance underwriters together, molding the program to fit the client's needs. PARTNERING
As your representative to the insurance carriers, we always work to find the best premium while offering excellent coverage and service. We have creative methods to keep premiums down, thus increasing our client's profitability. We offer advice on how to transfer risk, what risk to retain, what risk to avoid, how to improve transfer contracts, help in managing claims and the implementation of loss control techniques and finally — offer INSURANCE products — this is RISK MANAGEMENT
What's On This Page
Everything You Need, All in One Place
Advanced Insurance Partners covers every aspect of your insurance needs — personal, commercial, and employee benefits. Jump to any section below or use the navigation links at the top of the page.
Risk Management
How AIP identifies, analyzes, and reduces your exposure — before a claim ever happens.
Who Is a Typical Client?
Homeowners, families, small businesses, medical facilities, contractors, and executives across the Chicagoland area.
Personal Insurance
Homeowners, auto, umbrella, and jewelry & valuables coverage for individuals and families.
Commercial Clients
14 lines of commercial coverage — property, liability, cyber, workers comp, D&O, and more.
Business Life & Health
Group life and group health benefits that attract talent and keep your team protected.
Ancillary Lines
Dental, vision, disability, accident, cancer, critical illness, hospital, and more.
Special Industries — Healthcare
Surgery centers, physician groups, and medical facilities have unique risks. AIP specializes in them.
Contact Us
Ready to get a quote or ask a question? Reach our Wheaton, IL team by phone, email, or form.
Our Approach
Risk Management — How It Works for You
Insurance is the final step, not the first. AIP guides you through a disciplined risk management process that protects your assets, controls costs, and ultimately increases your profitability.
Identification of Loss
We start by identifying every exposure your business faces — property, liability, personnel, and operational risks. You can't manage what you haven't found.
Analysis & Likelihood of Occurrence
Each identified risk is analyzed for frequency and severity — how often could it happen, and how bad could it be? This shapes the priority and strategy for each exposure.
Treatment — Apply the Right Strategy
For each risk we apply the best strategy: eliminate it entirely, reduce its likelihood, share it contractually, transfer it to an insurer, or accept it when the cost to insure exceeds the exposure.
Higher Deductibles & Self-Insurance
Where appropriate, we structure programs with higher deductibles or self-insured retentions — keeping more premium dollars in your pocket while maintaining catastrophic protection above the retention.
AIP Seeks Proposals & Places Insurance
As your independent advocate, AIP goes to market — soliciting competitive proposals from multiple carriers and placing the program that delivers the best combination of coverage, price, and carrier strength.
The Result: Increased Profitability
Every dollar saved on unnecessary premium, every avoided loss, and every efficiently handled claim goes directly to your bottom line. Risk management isn't a cost — it's a profit strategy.
- Lower total cost of risk
- Fewer operational disruptions
- Stronger balance sheet
- Better carrier terms at renewal
Ready to put a real risk management plan in place?
AIP will walk you through every step — at no cost for the initial consultation.
Who Is a Typical Client?
Commercial Clients
Including Medical related accounts, MRI Facilities, Surgical Centers, Hospitals along with Manufacturers, Service Industry & Contractors
Personal Lines Clients
In need of Homeowners & Auto coverage, from high-end AIP client markets and insurance carriers for hard to place risks. We are seeing an increase in Home and Auto rates, so let us do the quoting for you.
Health Insurance
For Corporations & Individuals. We will guide & navigate you through the Affordable Care Act. AIP will keep you up to date on all Healthcare Industry changes. You should contact us directly.
Life Insurance
Unique markets for Millennials to Baby Boomers where we add in Long-Term Care products.
Personal Coverage
Personal Insurance
Protecting what matters most — your home, your car, your family, and your assets. AIP shops dozens of top-rated carriers to find you the right coverage at the right price.
Homeowners Insurance
Comprehensive protection for your home, personal property, and liability — including hard-to-place and high-value properties.
Auto Insurance
Liability, collision, comprehensive, and uninsured motorist coverage for personal vehicles, classic cars, and more.
Umbrella Insurance
An extra layer of liability protection above your home and auto policies — safeguarding your savings and future earnings.
Jewelry & Valuables
Scheduled personal property coverage for jewelry, fine art, collectibles, and other high-value items not fully covered under standard policies.
Commercial Coverage
Commercial Clients
AIP delivers comprehensive commercial insurance programs for businesses of every size — from independent contractors to multi-location medical facilities. We tailor coverage to your industry, your risk profile, and your bottom line.
Commercial Property
Covers your building, equipment, inventory, and business personal property against fire, theft, vandalism, and other covered perils.
Commercial General Liability
Protects your business from third-party bodily injury, property damage, and advertising injury claims — the foundation of any commercial program.
Umbrella / Excess Liability
An extra layer of liability protection sitting above your primary policies — critical for high-exposure businesses facing large judgments.
Products Liability
Covers claims arising from bodily injury or property damage caused by products your business manufactures, distributes, or sells.
Contractor's Completed Operations
Protects contractors against claims for injury or damage that arise after a job is completed — a requirement on most commercial contracts.
Business Interruption
Replaces lost income and covers ongoing expenses when a covered loss forces your business to suspend or reduce operations.
Crime & Theft
Covers losses from employee dishonesty, forgery, robbery, burglary, and other criminal acts that can devastate a business.
Cyber / Data Breach & Ransomware
Covers costs from data breaches, ransomware attacks, and cyber extortion — including notification, forensics, legal fees, and business interruption.
Errors & Omissions / Professional Liability
Protects professionals from claims of negligence, errors, or failure to deliver services as promised — essential for any advice-giving business.
Physician Malpractice
Specialized medical professional liability coverage for physicians, surgeons, and other licensed healthcare providers against claims of negligent care.
Directors & Officers (D&O)
Protects corporate directors and officers from personal liability for decisions made in their management capacity — critical for boards and executives.
Workers Compensation
Required in Illinois for most employers — covers medical expenses and lost wages for employees injured on the job.
Self-Insured Deductibles
AIP helps structure large-deductible programs and self-insured retentions that reduce premiums while keeping your risk at a manageable level.
Business Auto & Non-Owned Auto
Covers vehicles owned, hired, or used in your business operations — including employee vehicles used for company errands.
Employee Benefits
Business Life & Health
Attract and retain top talent with competitive employee benefits. AIP helps businesses of all sizes design and manage Group Life, Group Health, and Business Life Insurance programs tailored to their workforce and ownership structure.
Group Life Insurance
Group Life insurance provides a death benefit to the families of covered employees — one of the most valued and cost-effective benefits an employer can offer. AIP works with top-rated carriers to structure plans that fit your budget and workforce size.
- ✓Term life coverage for all eligible employees under a single group policy
- ✓Employer-paid, employee-paid, or shared-cost plan structures
- ✓Supplemental and voluntary life options at group rates
- ✓Accidental Death & Dismemberment (AD&D) riders available
- ✓Portable coverage options so employees can keep coverage if they leave
- ✓Guaranteed issue amounts — no medical exam required up to set limits
Group Health Insurance
Group Health insurance is the cornerstone of any employee benefits package. AIP guides businesses through plan selection, carrier negotiations, and full compliance with the Affordable Care Act (ACA) — so you can offer great coverage without the administrative headache.
- ✓ACA-compliant plans meeting minimum essential coverage (MEC) requirements
- ✓Employer Shared Responsibility guidance for businesses with 50+ full-time employees
- ✓HMO, PPO, HDHP, and HSA-compatible plan options
- ✓Dental and vision benefit integration
- ✓Employee contribution strategy to maximize value and affordability
- ✓Annual open enrollment support and ongoing employee communications
- ✓COBRA administration guidance for departing employees
Business Individual Life Insurance
Life insurance isn't just a personal benefit — it's a powerful business planning tool. AIP structures individual life insurance solutions that protect your company's most valuable assets: its key people, its ownership continuity, and its financial future.
- ✓Key Person Life Insurance — protects the business if a critical owner or executive dies unexpectedly
- ✓Buy-Sell Agreement Funding — life insurance funds the buyout of a deceased partner's share, keeping ownership in the right hands
- ✓Business Asset Protection — life proceeds can cover debts, loans, and operating costs during transition
- ✓Executive Bonus Plans (Section 162) — reward and retain key executives with employer-paid life insurance
- ✓Split-Dollar Life Insurance — shared premium arrangements between employer and employee
- ✓Deferred Compensation Funding — use cash-value life insurance to informally fund deferred comp obligations
Supplemental Coverage
Ancillary Lines of Insurance
Beyond core coverage, AIP offers a full suite of ancillary products to round out your protection — for individuals, families, and employer groups. Tap any tile to learn more.
Special Industry — All Things Healthcare and Medical - ASC's / MRI's.
Our core principles and strong mission shape our efforts. So find out what make our proven approaches to your business management successful. Call us today.
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