{"id":6723,"date":"2014-12-05T18:28:25","date_gmt":"2014-12-05T18:28:25","guid":{"rendered":"http:\/\/216.25.8.38\/?page_id=6723"},"modified":"2025-08-08T10:11:59","modified_gmt":"2025-08-08T15:11:59","slug":"insurance-agents-2","status":"publish","type":"page","link":"https:\/\/businessriskpartners.com\/?page_id=6723","title":{"rendered":"Insurance Agents"},"content":{"rendered":"
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INSURANCE AGENTS<\/h1>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div>

ERRORS HAPPEN.<\/h2><\/h2>\n<\/div><\/div><\/div><\/div><\/div><\/div>

One out of four insurance agencies get sued for mistakes each year. The risk is even greater during a pandemic.<\/strong><\/p>\n

With losses related to COVID-19 potentially ending up in litigation, professional liability coverage for insurance firms is critical. For more than a decade, Business Risk Partners has specialized in underwriting insurance agents E&O and worked with hundreds of producers to help them secure the necessary coverage for their clients. (Read what they have to say here<\/a>.) BRP truly understands the exposures facing insurance agencies whether it's a commercial retailer with $250,000 in revenues, a benefits broker with $10 million in revenues or a managing general agency with $50+ million in revenues. Our team of underwriters are some of the best in the business and known for their out-of-the-box solutions. Our ability to turn around customized policies backed by best-in-class carriers is unmatched. Coupled with our partners\u2019 stability and claims paying capacity, BRP offers the ultimate in protection and service.<\/p><\/div>

our product<\/h3>\n<\/div><\/div><\/div>

BRP\u2019s Insurance Agents E&O facility provides $10 million of A rated capacity, on admitted terms for both primary and excess coverage in most states. \u00a0With no minimum or maximum revenue threshold, we can build a policy that addresses a myriad of potential exposures for insurance firms \u2013 whether traditional or niche players \u2013 including offerings such as risk management and loss control services. Highlights include:<\/p>\n\n\n\n\n
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\u2022 Administrative Proceedings Coverage<\/p>\n

\u2022 Subpoena Inquiry Coverage<\/p>\n

\u2022 Court Attendance Costs Coverage<\/p>\n

\u2022 First and Third Party Cyber Coverage<\/p>\n

\u2022 Consent to Settle Provision 70\/30<\/p>\n

\u2022 Deductible Reduction Coverage<\/p>\n<\/td>\n

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\u2022 Insolvency Coverage for Placements with carriers rated B+ or Better by A.M. Best\/Demotech rated A or Better\/ State Guarantee Fund<\/p>\n

\u2022 Punitive Damages<\/p>\n

\u2022 Multi-Year Extended Reporting Period Options<\/p>\n

\u2022 Automatic Sixty-Day Post Reporting Period Options<\/p>\n

\u2022 Personal Injury Coverage<\/p>\n

\u2022 Worldwide Coverage<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>

PLEASE NOTE:<\/strong> This list is solely intended to be a summary of policy coverage. Please reference the actual policy for specific terms and conditions. The policy supersedes all representations made above.<\/em><\/p><\/div>

Our appetite<\/p><\/h3>\n<\/div><\/div><\/div>

We welcome submissions from a wide variety of insurance concerns and all types of insurance agents, brokers and consultants. Remember, there\u2019s no minimum or maximum revenue threshold, and we pride ourselves in responding within 24 hours!<\/p><\/div>

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Wholesale\/Retail Agents<\/span><\/div><\/div><\/div><\/div>
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P&C Agents<\/span><\/div><\/div><\/div><\/div>
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Life\/Health Agents<\/span><\/div><\/div><\/div><\/div><\/div><\/div>
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General Agents<\/span><\/div><\/div><\/div><\/div>
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Managing General Agents<\/span><\/div><\/div><\/div><\/div>
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Managing General Underwriters<\/span><\/div><\/div><\/div><\/div><\/div><\/div>
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Program Administrators<\/span><\/div><\/div><\/div><\/div>
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Insurance Consultants<\/span><\/div><\/div><\/div><\/div><\/div><\/div><\/div>