Novatae Risk Group, a managing general agency, program manager and wholesale brokerage, said it has launched its new miscellaneous professional liability program with a focus on fast quoting for brokers and exceptional claim service for insureds.
With underwriting handled in-house by Dallas-based Novatae, the program is designed to meet the diverse needs of professionals with revenues up to $5 million. Coverage is available in all 50 states with multiple deductible options and for more than 800 classes.
“We saw an obvious need in the market for a tailored solution specifically for the unique risks faced by consultants, services providers and professionals,” said Daniel Ginden, managing director, program development for Novatae.
Ginden said premiums start at $350. Quoting and binding began November 1, 2024.
Topics New Markets Liability
Was this article valuable?
Here are more articles you may enjoy.
Lawyers, Traders Among 30 Charged in Global Insider Trading Case 
Most Are Overcharged for Property Insurance, Vanderbilt Study Says 
High-Powered Dads Are Spending Less Time at Work, More on Childcare 
Maryland Announces $2.5 Billion Settlement Over Baltimore Bridge Collapse 
