Professional Liability Insurance
Specialty errors and omissions and professional liability insurance are now being offered. Target areas include the commercial real estate industry, staffing services industry and miscellaneous service providers. Coverages will target specific segments of the commercial real estate services industry, including agents, brokers, property managers, appraisers, auctioneers, mortgage bankers and brokers and consultants. Features include coverage for property management and renovation services in which the insured has less than 50 percent controlling interest in the property. Also provided are contingent bodily injury/property damage and discrimination coverage for these firms. In addition, commercial real estate services program offers a new coverage incentive for early claim resolution which provides a 50 percent deductible credit, up to a maximum of $25,000 per claim.
This company intends to target staffing service providers, permanent placement agencies, personnel consultants and PEO's. Features of this coverage include sexual misconduct and employment practices coverage extensions. Writing E&O coverage is also done for non-medical service providers, including management consultants, multi-media firms, third party administrators, collection agencies and various other professional service providers. Coverages will be written on a claims-made basis and available worldwide.
Kemper, 1 Kempter Dr.,#K-4, Long Grove, IL 60049-0075 Phone: (847) 320-2026 Fax: (847) 320-5460