management liability and specialty programs overview€¦ · sherri sheidler 425-486-1011...

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Management Liability and Specialty Programs Overview

Accountants Prior Acts Professional Liability Insurance Huntersure offers an exclusive professional liability insurance program on a national basis designed to provide Stand-Alone Prior Acts coverage for accounting firms being acquired or dissolving. Our Program also provides coverage to individual accounting professionals or groups of accounting professionals who leave a firm to join another firm, change careers or retire.

Product highlights

• Unique Stand-Alone Prior Acts Policy form and application

• Contingent coverage offered for individuals or groups leaving a firm/direct coverage offered for firms being acquired

• Up to a six-year reporting period offered

• Up to $5 million in limit / as low as a $5,000 retention

• All states considered

• All practice areas and industries served considered

For more information Huntersurehuntersure.com

Contact Brendan [email protected]

Adult Residential Facility Professional Liability Insurance NIF Group is a national program manager and regional wholesale broker. Based in New York with offices nationwide, NIF provides various coverages for adult residential facilities.

Product highlights

• An adult residential facility with 10 or fewer inhabitants designed to provide help for seniors who need assistance with activities of basic living

• Facilities typically located in specially retrofitted private dwellings in residential neighborhoods and licensed by the state

• General liability

• Professional liability

• Physical abuse

• Property

For more information NIFnifgroup.com

ContactSherri [email protected]

Architects and Engineers Professional Liability Insurance Euclid provides Architects and Engineers Professional Liability coverage on an admitted basis using A.M. Best’s A+ XV rated paper. We have more than 30 years of experience underwriting this line of coverage with exceptional service. We consider architects, interior designers, landscape architects, land planners, civil engineers, land surveyors, electrical engineers, mechanical engineers, HVAC engineers and structural engineers.

Product highlights

Errors and Omissions (E&O) coverage for firms engaged in practice as architects, engineers, land surveyors, landscape architects and construction managers

• Admitted paper in 48 states (non-admitted basis in Louisiana and Hawaii)

• Architect and engineer firms with annual gross revenue from $25,000 up to $15 million

• Program limits are $250,000 / $250,000 each claim with an annual aggregate up to $5 million / $5 million each claim

• Our policy form covers Wrongful Acts and Pollution Incidents arising out of Professional Services

• Excess architect and engineer coverage on a non-admitted basis

For more informationEuclideuclidae.com

ContactBrian Van Cleave800-345-7868, ext. [email protected]

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Behavioral Healthcare, Addiction and Social Services Liability Insurance Negley Associates is the leading underwriting management firm in the United States, serving the insurance needs of behavioral health care agencies and related social services. Our mission is simple: to provide the best insurance solution so that our insureds have peace of mind and can focus on what they do best — the delivery of behavioral health care and social services to their clients.

Product highlights

• Coverage for alcohol/drug rehabilitation centers, mental health facilities, group homes, sheltered workshops and related organizations

• General liability

• Professional liability

• Property

• Directors and Officers (D&O) liability

• Workers’ compensation

For more informationNegley Associatesjjnegley.com

ContactBernice [email protected]

Educators Professional Liability Insurance Myron Steves’ national operation helps teachers, schools, associations and other education-related entities manage their risk and protect their careers with customized insurance solutions to handle unique predicaments seen in today’s educational environments. We provide individual coverage and packages tailored to a school or institution’s needs.

Product highlights

• Associations that pertain to some aspect of education, such as, but not limited to, elementary and high school teachers, counselors, physical education instructors, principals and administrators

• Liability coverage intended to be excess over any other coverage available to the individual

• Reimbursement of attorneys fees and bail bonds available

• Optional coverages: assault-related personal property damage, identity theft, private instruction, accidental death and dismemberment

For more informationMyron F. Steves & Companymyronsteves.com/educators.aspx

ContactLori E. [email protected]

Excess Healthcare Professional Liability InsuranceExcess Healthcare Professional Liability protects health care institutions, physicians and surgeons from catastrophic litigation arising out of their professional services. Our coverage can be expanded to provide excess liability insurance above general, auto, and employers’ liability as well as other casualty insurance.

Product highlights

• Claims-made professional liability

• Excess casualty coverage follows form of occurrence or claims-made coverage

• Policy forms include lead umbrella, follow-form excess as well as reinsurance for captives

• Limits up to $10 million

• Minimum attachment of $1 million

• Full Prior Acts coverage available to eligible risks

• Stand-alone tail coverage offered on a select basis

For more informationpropraxisins.com

ContactBob Allen212-401-1561 [email protected]

FEDS Professional Liability Insurance Federal Employee Defense Services Inc. provides insurance solutions for the unique exposures of today’s federal employees and contractors. Professional coverage for any full- or part-time civilian (including MPs), federal employees or individuals performing work for the federal government and who receive the same civil liberties protections for matters occurring within the scope of their employment.

Product highlights

• Includes Employment Practices Liability (EPL) coverage

• Miscellaneous coverage available to consultants who have a federal contract

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• Law Enforcement Officers Safety Act (LEOSA) coverage available to both active and retired law enforcement officers

For more informationFederal Employee Defense Services Inc. fedsprotection.com

ContactTony [email protected]

Financial Services Products for Banking and Mortgage IndustriesInnovative Risk Solutions provides appraisal management and underwriting services liability and home equity loan default insurance. We have the very best protection for Mortgage Service Providers and Community Banks and combine superior process automation, risk mitigation and cost efficiency to deliver outstanding results for our business partners.

Product highlights

Specialty financial services products in the banking and mortgage industries

Mortgage Service (MSP) Program

• Appraisal Management Professional Liability Insurance

• Underwriting Services Professional Liability

• $100,000 per claim / $5 million aggregate

• Premium incurred one time

Protequity Home Equity Loan Insurance

• Offered to credit unions and small community banks

• Designed to protect lenders for individual loan defaults on home improvement loans

• $250,000 per claim on all secured loans and $25,000 on unsecured loans / aggregate is 10% of the outstanding balance of new loans reported during the policy period

• Premium per loan is incurred on monthly basis.

For more informationInnovative Risk Solutionsirs-incorporated.com

ContactGreg Shimkus214-676-0649

Financial Services Professional Liability Insurance The Financial Services Division of Prosurance provides coverage for clients in the financial services industries, including financial planners, investment advisors, life insurance agents, security brokers and dealers, and their registered representatives.

Product highlights

• Errors and Omissions (E&O) coverage for investment advisors, registered representatives, financial planners, life insurance agents and broker/dealers

• Master policies and many specialized coverages available

• Limits of liability up to $5 million each claim / $15 million policy aggregate available

For more informationProSurance Group Inc. prosurancegroup.com

Contact John [email protected]

Insurance Agents and Brokers Professional LiabilityBacked by some of the most experienced people in the industry, Lee & Mason’s easy-to-read, comprehensive policy is designed for property/casualty and life/health agents and brokers, including wholesalers, general agents, managing general agents and program administrators.

Product highlights

• Designed for both property/casualty and life/health agents and brokers, including wholesalers, general agents, managing general agents and program administrators

• Policy extended to insurance consulting, premium financing, claims adjusting, loss control, and risk management services

• “Wrongful act” extended to include personal injury

• No exclusion for the sale of variable life insurance, variable annuities or mutual funds

• Fraud/Dishonest Acts Exclusion not applicable to innocent person

PRODUCTS

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• One-, two-, and three-year ERP options available

• Limits of up to $10 million on a primary or excess basis

• Policyholders are granted access to a free insurance agents risk management hotline

For more information Lee & Mason leeandmason.com/agents_eo.html 877-562-4311 ext 2504

Insurance Agents and Brokers Professional Liability Insurance(E&O for Nationwide general agents/program managers)

Colonial General Insurance Agency provides professional liability coverage for eligible general agents and program managers with a superior level of service, and a vast array of coverage solutions.

Product highlights

• Errors and Omissions (E&O) coverage for eligible general agents and program managers

• Contract with E&S/Specialty at Nationwide a must for eligible general agents and program managers

• Employment Practices Liability Insurance (EPLI) coverage available

• Cyber Liability coverage also available

• Worldwide coverage for suits brought into U.S. and Canada

• Limits up to $5 million (higher with approval)

• Defense outside the limits

• Innocent Insured Protection

• First Dollar Defense Coverage available

• Supplemental payments for legal assistance with subpoenas

• Supplemental payments for privacy regulation and identity protection

• Claims-made Form

For more informationColonial General Insurance Agencycolonialgeneral.com

ContactBrett [email protected]

Large Accountants Professional Liability Insurance Huntersure is a leading provider of professional liability insurance for midsize to large accounting firms. Our staff keeps abreast of laws and rules that can affect your clients and their professional liability exposures. Just one mistake (or alleged mistake) can have serious consequences on a business and cost thousands of dollars in court and in indemnification damages. Our goal is to help you protect their assets and continue to keep their businesses succeeding.

Product highlights

• Professional liability insurance for accounts with $25 million or more in annual revenue

• Coverage for accountants, auditors, bookkeepers and tax preparers for services provided in their accounting practices

• Coverage for tax engagements, compilations, tax planning, notary, public activities, bookkeeping, and consultant services as an accountant, writeups and reviews

For more informationHuntersurehuntersure.com


Lawyers Professional Liability Insurance(individual attorneys and law firms of up to 30 attorneys)

Jorgensen and Company represents hundreds of law firms in the placement of professional liability insurance. We serve the large community of small- to midsize law firms that practice both general and specialized law.

Product highlights

Coverage available for three specific market segments:

• Individual attorneys and law firms of up to 30 attorneys

• Individual attorneys and law firms of up to 30 attorneys whose specialty is Intellectual Property law

• Non-standard law firms up to 30 attorneys

Coverage limits up to $4 million in the aggregate available, along with significant coverage extensions and features:

• Broad definition of professional services, including coverage for Electronic Media and Cyber perils

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• Alternative Dispute Resolution (ADR) claims settlement provision to reduce deductible amounts

• Deductible reductions for use of limitation of liability and mediation clauses

• Early resolution and consent to settlement of claims In engagement letters

• Supplementary Payments for loss of earnings, defense expenses and subpoena expenses

Our goal is to serve the large community of small- to midsize law firms that practice both general and specialized law. However, the program is not designed for firms with activity in class action or mass tort representation, or in the securities industry.

For more information Jorgensen and Company jorgensenandcompany.com 1-877-272-4653

Lawyers Professional Liability Insurance (large law firms with 50+ attorneys)

Huntersure is a leading MGA in writing professional liability insurance for large law firms, distinguished by the breadth and depth of their experience in this market.

Our underwriters understand firsthand the risks that large law practices face. We know how to properly respond to these risks with tailored insurance policies along with a focus on the importance of claims management to a firm’s financial asset protection and reputation. Our claims management is headed by one of the most respected individuals in the London market.

Product highlights

• Lawyers Errors and Omissions (E&O) program designed for firms with 50 or more attorneys written on a quota share basis

• Policy limits of $15 million / aggregate limits available

• Claims-made policy written on both Indemnity and Defense Policy Forms

• Primary or excess layers will be considered

• All practice areas considered

• All jurisdictions considered

• Manuscript policy wording to meet the needs of individual risks


Contact Dennis Mullins [email protected]

Management Consultants Professional Liability Insurance Huntersure offers professional liability insurance coverage for large management consulting and actuarial firms. We have a national exclusive relationship with Nationwide for our large law firm and our management consultant Errors and Omissions (E&O) insurance.

Product highlights

• Consideration of all consulting practices, including: general strategy; operational and business advisory services; HR benefits and technology; and business process

• Consideration of large actuarial firms providing attest services to clients

• Policy limits of $10 million / aggregate limits available

• Claims-made policy written on Indemnity Policy forms

• Primary or excess layers considered


Contact Christopher [email protected]

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Midsize Accountants Professional Liability Insurance Huntersure specializes in providing professional liability insurance for small to midsize accounting firms. Our exclusive national program is designed to protect the needs of accounting firms with annual revenue between $2.5 million and $25 million.

Product highlights

• Professional liability insurance for accounting firms with annual revenue between $2.5 million and $25 million

• Available to accounting firms with revenue as low as $2.5 million

• Limits up to $5 million, as low as $500,000/retentions as low as $5,000

• All areas of practice considered, including attestation services and public audit firms

• All industries served considered

• All states considered

• Sub-limited coverage available for disciplinary actions, subpoena expenses, network security reimbursement and professional reputation management

• Superior service and exceptional claims management guaranteed



Senior Living Professional LiabilityPro-Praxis Senior Living Underwriters, a division of CRC Programs and CRC Group, is a highly experienced and client-focused managing general underwriter (MGU) servicing the insurance needs of the senior living industry and providing comprehensive solutions for senior living facilities. Our insurance products are supported by effective risk management and results-driven claims handling.

Program coverage is available in all 50 states for senior living facilities, subject to the specific product limitations in certain states and venues.

Product highlights

• Professional and general liability

• Excess/umbrella liability

• Property

• Business auto

For more information propraxisins.com

Contact David CantanutoDirect 720-922-7208Cell 720-234-1305 propraxisins.com

Transactional Risk InsuranceConcord Specialty Risk has transactional risk products that address loss that may arise from mergers and acquisitions, potential regulatory enforcement, pending lawsuits, uncertain tax positions, and other contingent liabilities. Our coverage is designed to facilitate transactions by enhancing bids; expediting and easing closings, syndications, and offerings; and providing balance sheet protection.

Product highlights

• Representations and Warranties Insurance Protection against loss from party’s representations and warranties breach made in a merger or acquisition agreement.

• Tax Insurance Indemnification for additional taxes, interest, and penalties incurred for one or more uncertain tax positions.

For more information Concord Specialty Risk concordspecialtyrisk.com/productservices.html 212-784-5678

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Programs groupOur expertise in the professional and management liability market allows us to develop superior programs with the right strategic partners. We have the flexibility to underwrite a broad range of products and the knowledge to understand the unique risk exposures associated with these lines of business.

Most importantly, we’re here to support our program managers. We offer innovative and specialized risk management solutions that fit your needs. Quickly. Efficiently. Intelligently.

Financial strengthWe have an A.M. Best rating of A+ (Superior), FSC XV, and Standard and Poor’s A stable rating. Our financial strength and stability allows us to offer exceptional products and provide the security that our customers need in all market conditions.

Customer baseWe can create customized management liability, professional liability, and a variety of specialty lines programs for many different types of professionals. We aim to build exclusive partnerships with program managers seeking financial strength and long-term relationship commitments. We have the ability to work in established insurance markets as well as to help develop new products. We are always receptive to new ideas.

DistributionWe will develop management liability, professional liability and specialty lines programs with program managers in conjunction with wholesale brokers, insurance agents, affinity groups, and associations throughout the United States.

Claims handling and supportOur dedicated claims team has the experience and technical expertise in numerous jurisdictions to manage professional liability claims and complex litigation. Our knowledgeable team works proactively to complete a thorough investigation of every claim and provides aggressive defense to protect your assets.

24/7 claims reporting is available at: [email protected] 888-275-7992

ContactsFor more information, please contact a member of our programs team:

John Lopes Senior Vice President 212-329-6925 [email protected]

Noelle Collado Associate Vice President 212-329-6938 [email protected]

Eric Werkheiser Senior Director 480-365-3576 [email protected]

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management liability and specialty programs overview€¦ · sherri sheidler 425-486-1011...

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