Misc. Professional Liability

Nuts & Bolts: E.L.M. Insurance Brokers has a new market for miscellaneous professional liability, including some hard-to-place classes. Coverage is available for actuaries, business brokers, benefit plan administrators/TPAs, credit bureaus, freight forwarders/custom brokers, inspectors/ auditors (non-accounting), residential real estate asset managers, talent agencies, testing labs (no environmental), title agents/abstractors/re-searchers. Coverage highlights include claims made and reported errors-&-omissions policy; “circumstance” reporting feature; personal injury (built-in); defense for discrimination (built-in); bilateral/two-way tail options (built-in); contingent bodily injury/ physical damage (by endorsement); broad-form personal injury (by endorsement); and worldwide coverage.

Dollars: The minimum premium and minimum deductible are both $2,500. Limits to $2 million are available. At this time, only primary policies can be written.

Carrier: Underwritten by Alea London Ltd., which carries an A- financial-strength rating from A.M. Best Co.

States Available: California

Contact: Hamlin, (310) 665-1106