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Insurance Agents E&O: Protecting Those Who Insure Others


Our U.S. Risk Pros division provides insurance professionals with comprehensive Errors & Omissions (E&O) coverage designed to address their exposures in designing and securing a risk management and insurance program for clients. E&O exposures include allegations from clients of having inadequate coverage or no coverage at all after a loss (such as flood claims in the aftermath of major storms, prompting the uninsured to look to their agents for recourse), property claims involving replacement cost coverage vs. actual cash value disputes, confusion over coinsurance penalties and the impact on commercial property coverage, and disputes over additional insured coverage, among others.

In many cases, it’s an issue of he-said, she-said, but the cost to defend such lawsuits can be significant. Having the right coverage with the right carrier is key. That’s where our Insurance Agents E&O coverage comes in.

  • Property and life
  • Accident and health
  • Personal and commercial lines
  • General agents
  • Wholesalers
  • Surplus lines brokers
  • MGAs
  • Program administrators
  • Mutual funds
WHO WE COVER
  • Commercial and personal lines insurance agents
  • Wholesalers, MGAs and MGUs
  • Program Administrators
  • Insurance Networks
  • Start-up agencies
MINIMUM PREMIUM
  • $1,250
COVERAGE HIGHLIGHTS
  • Duty to Defend and Pay On Behalf
  • Consent to Settle
  • Broad Limits and Deductible Ranges
  • Aggregate Deductibles
  • Claims Made Form
  • Broad Definition of Professional Services
  • First Dollar Defense
  • Defense Outside the Limits
  • Independent Contractor Coverage
  • Additional Insured Endorsements
  • Punitive Damages where insurable by law
  • Supplementary Payments do not reduce your limit of liability
  • Disciplinary Action Coverage
  • Multi-year Extended Reporting Period Options
  • Choice of Counsel Endorsement available
  • Additional Services Added by Endorsement
  • Electronic Media
Highlights and coverages listed are subject to underwriting guidelines. This information is an illustration and not considered a contract of insurance. Refer to policy quotes, and policy and endorsement specimens, for complete terms and conditions.
  • Available limits up to $5M per claim and annual aggregate, defense outside limit options available
  • Deductibles starting as low as $1,000 with aggregate deductible available
  • Having the underwriting authority from three carriers in 50 states for over 20 years makes us unique in how we approach your E&O risk.
  • Admitted and non-admitted carrier offers that fit risks from the most simple to the most complicated.
  • Our team has over 50 years combined underwriting experience. We’re ready for your application!


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