Venture Insurance Program’s Preferred Club Program has added a new market for Directors’ & Officers’ liability coverage with RSUI.
RSUI’s D&O coverage, rated “A” (Excellent) class X by A.M. Best Co., may include the following coverage enhancements: separate limits for D&O and employment practice liability, including third party discrimination coverage, defense expense in addition to the policy limit, and full prior acts coverage.
The Preferred Club Program is an insurance provider to the golf and country club industry, insuring more than 1,000 private, semi-private and upscale daily-fee clubs. It recently added a new package solution that extends coverage for public daily-fee courses.
In addition to D&O, the Preferred Club Program offers workers’ compensation, property, general liability, property of members, herbicide and pesticide coverage with full pollution options, tee-to-green coverage of all playing surfaces, liquor liability, excess and umbrella liability, cart fleet and errant ball coverage, and business interruption coverage.
The Preferred Club Program is marketed exclusively through agents and brokers, and offers risk management services, including loss control and claims administration, through Venture and Chubb Services.
Was this article valuable?
Here are more articles you may enjoy.
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims
Vehicle Complexity Complicates Auto Valuation, Says JD Power 

