QBE North America has expanded its operating agreement with Jorgensen & Co., a specialist professional liability managing general underwriter, to offer errors and omissions insurance on an admitted basis to small, independent registered investment advisory firms, or RIAs, and registered representatives.
The new coverage will be available via a new web-based click and bind program, called AdvisersGold Select.
According to Rickard Jorgensen, president of Jorgensen & Company, the new click and bind program provides immediate delivery of comprehensive coverage to independent RIAs.
The program offers expanded coverage features, including fiduciary coverage and social engineering. Optional coverage is available for management liability, cyber liability and product sales.
The Specialty Programs unit, part of QBE Specialty, partners with MGA/MGU program administrators to underwrite management liability and professional lines for trade associations and affinity groups.
QBE Specialty underwrites risks across a variety of industry sectors and customer segments. These include aviation, public company, private company, commercial errors & omissions, financial institutions, healthcare, media & entertainment, trade credit, surety and inland marine risk for appointed retail and wholesale producers.
Jorgensen & Company is the exclusive source for coverage to small RIA firms via the AdvisersGold Select program.
Founded in 1994, Jorgensen & Company is a managing general agency that offers professional liability to a diverse selection of professional firms. The small RIA errors and omissions program is branded AdvisersGold Select and is written via the Professional Advisers’ Purchasing Group, Inc. The program is offered in all states except Alaska.
QBE North America, an integrated specialist insurer, is part of QBE Insurance Group Limited. The North America division, headquartered in New York, conducts business through its property and casualty insurance subsidiaries.
Was this article valuable?
Here are more articles you may enjoy.