Nuts & Bolts: Excess & Surplus Lines Insurance Brokers Inc. is placing EPLI with or without third-party liability. Policies can be written monoline or as part of the directors’ and officers’ or partnership liability. Both new ventures and long-established firms need this coverage to adequately protect assets. No account is too small or too large. The commission is higher than the average normally paid for EPLI coverage or D&O with EPLI.
Dollars: Policy limits range from $250,000 to $25 million. Deductibles and premiums vary.
Carrier: Four different insurers rated “A,” non-admitted.
States Available: California, Arizona and Hawaii.
Contact: Rebecca Banks at (818) 990-8860 ext. 204.
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