According to Insurance Journal’s 2021 Agency E&O survey, 58.4% of respondents saw an increase in their E&O renewal premium from 2020 to 2021, up from 50.2% in last year’s survey. And 61.8% expect another increase at their next renewal; that’s …
EmergIn Risk, part of the Ryan Specialty Group family and a division of RSG Underwriting Managers, has expanded its insurance agents and brokers professional liability program, [In]fuse to include new coverage and less exclusions. EmergIn Risk (formerly ThinkRisk) launched [In]fuse …
Program administrator Business Risk Partners (BRP) has released an expanded professional liability form for insurance agents and brokers through Aspen American Insurance Co., part of Aspen Insurance Holdings Limited. The policy targets a range of insurance agents and brokers – …
Editor’s Note: This is a republication of a January, 2013 article by Sally Coombs, who was then with Fireman’s Fund Insurance Co, which is now integrated into Allianz Global Corporate & Specialty (AGCS). Also, Insurance Journal’s Academy of Insurance will …
All Risks, Ltd. has partnered with the Professional Insurance Agents of Florida (PIA of Florida), to provide professional liability errors and omissions insurance to its members. Effective Jan. 1, 2017, All Risks will become the official underwriter for insurance agents …
Newly-launched managing general agency Verve Risk Partners plans to target U.S. professional and management liability risks, focusing on insurance companies and captives as well as insurance agents and brokers. The London-based MGA has been launched by Castel Underwriting Agencies Limited, …
The Independent Insurance Agents and Brokers of America (Big “I”) has named James Hanley as the new director of its agency errors and omissions insurance program. Hanley will lead the insurance and risk management program that is offered to member …
CITA Insurance Services, a division of Brown & Brown Program Insurance Services Inc., has released a new Insurance Agents Errors & Omissions program. CITA’s new Agents E&O program features vanishing and capped deductibles, personal identity/cyber event coverage (first party), an …
Allied World North America has introduced an updated policy for insurance agents and brokers with expanded definitions and coverage. According to Al Fantuzzi, senior vice president of the North American E&O Division at Allied World, the new product offers clients …
Professional Underwriting Group, Inc. is now offering an admitted program for insurance agent’s errors and omission insurance to qualifying insurance agents in Alabama, Arizona, California, Colorado, Florida, Georgia, Minnesota, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, and Wisconsin. …
