RSG MGA EmergIn Risk Enhances Agent, Broker E&O Program

August 8, 2019

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 seven years ago to protect the evolving professional liability exposures faced by mid-to-larger size U.S. insurance agents and brokers.

The enhanced product – which has the new name [In]fuse 2.0 – includes increased sub-limits for important coverages such as governmental and disciplinary proceedings and subpoena expenses and time off work expenses for the policyholder and its employees. Catastrophic extra expense coverage was added to the new policy as well.

Additionally, several exclusions have been removed from the original product including bad faith and “insured v. insured”. The new policy form also offers a more generous 70/30 consent to settle “hammer” and expands the definition of an “Insured”.

Reza Khan, EmergIn’s CEO, said the new product incorporates changes that in the past would ordinarily require policy manuscripting.

Claims handling for [In]fuse 2.0 continues to be coordinated by Sedgwick, a global claims management company. Moving forward, EmergIn will underwrite the program on behalf of a panel of three Lloyd’s of London syndicates.

EmergIn Risk is a managing general underwriting firm that offers specialized professional liability insurance products for U.S. businesses, including cyber, errors and omissions, media, and not-for-profit and private company directors and officers related coverages.

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