E.L.M. Unveils New Market for Misc. Professional Liability

July 17, 2003

California-based E.L.M. Insurance Brokers Inc., a specialist in professional liability, has a new market for miscellaneous professional liability, including some hard-to-place classes.

Underwritten by Alea London Ltd., which carries an A- financial-strength rating from A.M. Best Co., coverage is available for the following risks, among others:

·Business brokers
·Benefit plan administrators/TPAs
·Credit bureaus
·Freight forwarders/customs brokers
·Inspectors/auditors (nonaccounting)
·Residential real estate agents/appraisers
·Real estate asset managers
·Talent agencies
·Testing labs (no environmental)
·Title agents/abstractors/researchers

Coverage highlights include claims made and reported errors-&-omissions policy; “circumstance” reporting feature; personal injury (built-in); defense for discrimination (built-in); bilateral/two-way tail options (built-in); contingent bodily injury/ physical damage (by endorsement); broad-form personal injury (by endorsement); and worldwide coverage.

The minimum premium and minimum deductible are both 2,500. Limits to $2 million are available. At this time, only primary policies can be written.

For more information on the Alea products, contact Christian Hamlin at E.L.M. Insurance Brokers, (310) 665-1106, ext. 13, or, via fax at (310) 665-1116, or through E.L.M.’s Web site, www.e-o.com.

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