EPLI

Nuts & Bolts: Excess & Surplus Lines Insurance Brokers Inc. is placing EPLI with or without third party liability. Policies can be written Monoline or as part of the D&O or partnership liability. Both new ventures and long-established firms need this coverage to adequately protect assets. The commission is higher than the average normally paid for EPLI coverage or D&O with EPLI.

Dollars: Policy limits range from $250,000 to $25 million.

Carrier: Four different insurers rated “A,” nonadmitted.

States Available: California, Arizona and Hawaii.

Contact: Rebecca Banks, (818) 990-8860 ext. 204.