Insurance Agents E&O

Berkley Service Professionals offers errors & omissions (E&O) insurance for insurance service professionals.

Coverage is available for firms with $2 million or more in revenue.

Coverage Available

Limits of Liability up to $5 million
No Insolvency Exclusion
Contingent Bodily Injury and Property Damage Coverage
Broad Definition of Professional Services
Retired Employee Consultant Coverage
Mediation Deductible Credit
20% Automatic Subsidiary Coverage threshold for newly-acquired entities
Up to 80/20 Settlement Clause
Multi-Year Bilateral Extended Reporting Period

Additional Coverage Options

First Dollar Defense
Additional Defense Limits of Liability
Aggregate Deductible
Stand Alone Extended Reporting Periods

Target Markets

Retail and wholesale insurance agents and brokers
MGAs, MGUs and program administrators
Reinsurance brokers/intermediaries
Professional employer organizations (PEOs)

The coverage features are provided solely for descriptive purposes, do not provide a complete description of coverages, and do not in any way alter the terms and conditions of the insurance policy. These coverage features may not be available to all policyholders and may not be available in all states or jurisdictions. Consult your insurance policy for specific coverage terms, conditions, limits, limitations and exclusions.

Products and services described above are provided through various surplus lines insurance company subsidiaries of W. R. Berkley Corporation and offered through licensed surplus lines brokers. Not all products and services may be available in all jurisdictions, and the coverage provided by any insurer is subject to the actual terms and conditions of the policies issued. Surplus lines insurance carriers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.

Berkley Service Professionals conducts business as Berkley Managers Insurance Services, LLC in California as a surplus lines broker. CA License #0H05115