Professional Program Insurance Brokerage (PPIB) has launched a nationwide program with coverage for employment practices liability, directors and officers and fiduciary risks.
The product, backed by a carrier rated “A” by A.M. Best, is designed for public, private and nonprofit companies. Features include choice-of-counsel consideration, free risk management and training, third-party coverage, qualified wage-and-hour coverage, an optional additional defense cost limit and a softened hammer clause.
PPIB is targeting segments such as healthcare, hospitality, manufacturing, services, high tech, hospitality, retail, professional employee organizations/staffing, law firms and other hard-to-place risks.
Insureds can purchase coverage on a standalone or package basis, as well as in conjunction with crime or network security/privacy coverage.
The product is available to both retail and wholesale brokers. Information is available on the Novato, Calif.-based company’s Website and by phone.
Was this article valuable?
Here are more articles you may enjoy.
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
Giuliani Fails to Get $10 Million Sexual Harassment Suit in New York Dismissed 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
Viewpoint: Insurance Broker Valuations – The Elephant in the Room 
