Insurance Program Results

8 of 28 Showing

 

Appetite Grows for Contractors, Consultants

Increased competition for self-employed contractors and consultants will spur more creative underwriting and soften pricing as these portions of the 1099 economy grow, and many of those workers remain underinsured. Expect carriers such as The Hartford, Travelers, ACE, Philadelphia, CNA, Zurich, USLI and Hiscox to corner a larger share of this market with the development of specialized products. They will also step up to meet growing demand that consultants and contractors carry professional liability insurance in the event a job cannot be completed or is not completed to a client’s satisfaction. A single E&O claim could spell the financial downfall of a contractor, and more hiring entities demand proof of professional liability coverage before entering into a contract.  (8/18/14)

Architects, Engineers, Surveyors & Consultants (Small Firm)

Administered By: Victor O. Schinnerer

Distribution: MGU

Industries:

Architects & Engineers (A&E), Civil Engineering/Surveyors, Consultants/Consulting Risks

Carriers: CNA Insurance Cos

Coverage: Casualty, Commercial Auto, Crime, Excess, General Liability, Inland Marine, Management Liability, Professional Liability, Property, Umbrella/Excess

Limits: up to $5 million

Defense Base Act Program (DBA)

Administered By: Chubb Ltd. (Formerly ACE Group)

Distribution: Carrier Direct

Industries:

Architects & Engineers (A&E), Civil Engineering/Surveyors, Colleges & Universities, Consultants/Consulting Risks, Corporations, Employment Practices, Project Managers, Schools, Schools (Adult Education), Technology Risks

Carriers: ACE Group

Coverage: Accident & Health, Accidental Death & Dismemberment, Business Travel Accident, Employment Practices Liability (EPL), Excess, Political Risk/Terrorism, Umbrella/Excess

Limits: up to $1 million (Employer's liability- For DBA coverage), up to $1 million (Repatriation)

Hiscox CyberClear

Administered By: Hiscox USA

Distribution: Carrier Direct

Industries:

Accountants & Accounting Services, Advertising/Printers/Authors, Consultants/Consulting Risks, Education & Nonprofit, Energy Companies, Hospitality (Hotels/Motels), Lawyers, Nonprofit Organizations, Small Businesses, Technology Risks

Carriers: Hiscox Insurance Co. Inc.

Coverage: Cyber Liability

Limits: up to $10 million (Across the board, with no standard sub-limits)

Legal Nurse Consultant

Administered By: NSO (AON Affinity)

Distribution: Program Administrator

Industries:

Consultants/Consulting Risks, Nurses

Carriers: CNA Insurance Cos

Coverage: Professional Liability

Limits: up to $1 million/$6 million (Professional Liability), up to $1 million (Personal Liability)

Real Estate Professionals Industry Services

Administered By: Victor O. Schinnerer

Distribution: MGU

Industries:

Auctioneers, Commercial Real Estate Manager/Director, Consultants/Consulting Risks, Real Estate Agent/Broker, Real Estate Appraiser

Carriers: CNA Insurance Cos

Coverage: Errors & Omissions (E&O), Professional Liability

Limits: up to $5 million

Real Estate Professionals Select

Administered By: Victor O. Schinnerer

Distribution: MGU

Industries:

Auctioneers, Commercial Real Estate Manager/Director, Consultants/Consulting Risks, Real Estate Agent/Broker, Real Estate Appraiser

Carriers: CNA Insurance Cos

Coverage: Errors & Omissions (E&O)

Limits: - - - (Limits vary by state)

Specialty Construction Consultants

Administered By: Victor O. Schinnerer

Distribution: MGU

Industries:

Consultants/Consulting Risks

Carriers: CNA Insurance Cos

Coverage: Professional Liability

Limits: up to $20 million

 

Follow Form Excess

Administered By: Freberg Environmental Insurance

Distribution: MGU

Industries:

Consultants/Consulting Risks, Contractors

Carriers: W.R. Berkley Corp.

Coverage: Excess

Limits: up to - $10 million