London American Offers E&O Renewal Solutions

December 10, 2003

Recognizing an increasing need by insurance agencies to replace their non-renewed errors & omissions coverage, London American General Agency Inc. has secured a number of alternative markets to meet the demand. These markets include both admitted and non-admitted carriers.

The marketplace for insurance agents E&O has changed dramatically over the last year. Two premier admitted markets were lost when Gulf Insurance Company and National Casualty terminated their programs. Despite these losses there are still a number of “A” rated carriers accepting new business. London American uses only AM Best “A” Rated Carriers

Retail generalists comprise the bulk of the need, though programs also exist for life and health agencies. A thriving agency will likely find itself facing a significant premium increase at renewal. It is these agencies that will shop for a new home to replace their current E&O coverage.

New startups with less than three years in operation have historically been hard to place. With sufficient industry experience by the principals, the age of the agency is a minor point.

The ability to find replacement coverage prior to expiration is essential for an existing agency. At stake is the prior acts coverage should a lapse occur. Though certain carriers will specialize in hard to place agencies, it is financially advisable to avoid lapses or cancellations. In this changing marketplace, many of the best carriers offering errors & omissions coverage must be accessed by a surplus lines agency like London American.

London American General Agency is a full service wholesale and managing underwriter. New appointments are being considered. For more information, visit, request agency appointment information from April Taylor at, or call (858) 547-9000.

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