Insurance Agents & Brokers Professional Liability Highlights

Insurance Agents Risk Management Hotline

A free, professional consultation with a full-service national law firm to help resolve issues before they become claims. This valuable service is offered exclusively to our policyholders.

  • Designed for Insurance 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
  • Broad definition of “Wrongful Act” – extended to include Personal Injury
  • Broad definition of “Insured” – expressly includes the Named Insured and any past, present or future partner, director, officer, member or employee of the Named Insured while acting within the scope of their duties
  • Broad definition of “Claim” – expressly includes Disciplinary Proceedings, subject to sub-limits
  • Broad definition of “Professional Services” – expressly covers insurance services performed for others for a fee as a managing general underwriter, insurance agent, insurance broker, insurance consultant, managing general agent, general agent, surplus lines broker, wholesale broker, premium financier, program administrator, claims handler, claims adjuster and notary public.
  • Broad definition of “Loss” – expressly covers punitive damages where insurable by law, expressly covers pre- and post- judgment interest
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