Errors & Omissions Program

Offered by Elite Underwriters

Insurance Agents & Brokers Professional Liability Insurance Agents E&O Insurance Agents Errors & Omissions Errors And Omissions Professional Errors & Omissions Insurance Brokers E&O

Description

Paying too much for your agency's E & O Policy?

Insurance Agents & Brokers Errors & Omissions Program

  • A+ XV size category (excellent) companies.
  • Up to $2 million each claim - $2 million Aggregate* one time application.
  • Available Limits: $500,000/$500,000 to $2,000,000/$2,000,000.
Program Highlights:

  • Available for agencies generating $1,500,000 or less in commission income.
  • Coverage backed by the exceptional financial strength and solid claims-paying ability of A+ rated carriers - (Excellent) XV by A.M. Best.
  • Defense outside the limits of coverage available.
  • Supplemental payment sublimit for subpoenas, loss of earnings and disciplinary proceeding defense costs, up to $10,000 per policy period.
  • Definition of Insured includes lawful spouse and legal representatives. Broad Definition of Claim(s) includes written demand for monetary or non-monetary relief, civil arbitration, investigative or regulatory proceedings.
  • Insolvency of A.M. Best rated carrier threshold of B+ admitted.
  • Bilateral ERP up to 60 months.
  • Appetite includes start up operations.
  • Covered Professional Services include Insured's services as a board member of a non-profit insurance professional association.
  • Wrongful Act includes personal injury coverage in the provision of Professional Services.
  • Independent Contractor as Definition of Insured.
  • Prior Acts Coverage available.
  • Optional Cyber Coverage available.
  • Duty to Defend Policy.

Details

$2M Maximum Limit

$500K Minimum Limit

Carrier Information

Various

Admitted

Non-Admitted

Listing Contact

Olga Chirino Commercial Underwriter

Offered By

Elite Underwriters

10 listings in 4 states

View Company

Availability 4 states

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Covered

Not Covered

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