Managing general underwriter Ryan Financial Lines has expanded its national Insurance Agents & Brokers E&O Program, now offering an admitted product that is available to retail agents in most states.
The enhanced program is tailored for property/casualty, personal lines, and life/health insurance agencies with annual revenues under $10 million, offering limits up to $5 million / $5 million. RFL acts as the program manager.Claims are handled by a dedicated team of in-house risk management professionals, creating a consistent and client- focused experience.
The expanded product is available in all states except Connecticut, New York, Alaska and Hawaii (although it will be available soon in Connecticut and New York).
Coverage highlights include:
- Defense Outside the Limits is available to qualifying risks.
- First Dollar Defense is available to qualifying risks.
- A $100,000 first party cyber sub-limit, with Privacy and Security Liability sub-limits up to $1 million/ $1 million is available to select insureds.
- Dedicated risk management hotline included to provide insureds with support and guidance.
“This expansion allows us to better serve the evolving needs of small and mid-sized insurance agencies nationwide,” said Jamie Bouloux, chief executive officer of RFL
RFL is part of Ryan Specialty, an international specialty insurance firm.
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