Insurance Agents & Brokers

Our Insurance Agents and Brokers errors and omissions insurance (E&O Insurance) programs are specifically tailored to each insurance agent, insurance agency, insurance broker and insurance brokerage. Our errors and omissions insurance for insurance agents and brokers provides coverage for a wide variety of insurance sales at a competitive premium.

Our minimum premiums for insurance agents is $5,000 and is designed for the larger professional insurance agent that may not be eligible for standard programs due to their type of business or their loss history.

We specialize in large multi-faceted insurance agencies that are seeking a solution for their E & O insurance needs. This includes, but is not limited to, Property and Casualty (P&C) Insurance Agencies, MGA’s, MGU’s, Specialty lines Agencies, Surplus Lines Agencies, Wholesalers and hard to place risks.

Coverage Highlights

Our insurance specialists can design a competitive program for an insurance agency that addresses many of the following risks that are not addressed by traditional programs:

  • Surplus Lines Business
  • MGA (Managing General Agent)
  • MGU (Managing General Underwriter)
  • Insolvency Coverage
  • Innocent Insured Coverage
  • Independent Contractors
  • Contingent BI/PD (Bodily Injury/Property Damage)
  • Failure to Remit Premium
  • Adverse Loss History (Insurance Claims)
  • HIPAA Compliance
  • Administration of ERISA Plans
  • Placement through RPG, PPO, MET, and other non standard markets

Click here for our insurance agents coverage highlight sheet. (PDF)

Let us design a comprehensive insurance agent/broker errors and omissions insurance policy for you today. Please feel free to call to discuss your Company’s needs with one of our licensed professionals.

Our Insurance Agents Eligibility Requirements are listed below:

  • Life Insurance Agents
    • $1 Million minimum commission income
    • $5,000 minimum premium
    • Minimum 3 years licensed Experience
  • Health Insurance Agents
    • $1 Million minimum commission income
    • $5,000 minimum premium
    • Minimum 3 Years licensed Experience
  • Property and Casualty Agents
    • $500,000 minimum commission income
    • $5,000 minimum premium
    • Minimum 3 three years industry experienced
  • Variable Annuity and Investment Agents (RIA & Reg Reps)
    • $500,000 minimum commission income
    • $5,000 minimum premium
  • Insurance Consultants
    • $1 Million minimum commission income
    • $5,000 minimum premium

We will be happy to have one of our licensed representatives analyze your policy and provide recommendations accordingly. Please feel free to call us at 201-847-9175.

How to obtain coverage:

  • Complete the Insurance Agents E&O Application, sign and date it and fax to 201-847-9174
  • Provide a copy of your current Declarations of E&O Insurance including the current limits, retroactive date and expiring premium
  • Provide a current resume or bio of the key management personnel
  • Provide current loss run (if you don’t have them, please order them from your current carrier)
  • Sign the attached warranty statement