Protective Specialty Launches E&O Products for Insurance Agents

Protective Specialty Insurance Co. has launched a pair of new errors and omissions products for insurance agents. One product will cater to life insurance agents, and the other will be tailored to property/casualty agents.

Both products are designed for retailers, wholesalers, managing general agencies and managing general underwriters with annual revenues to $75 million.

Insureds will also receive pre-claim assistance from Traub Lieberman Strauss and Shrewsberry LLC, an insurance defense law firm.

The company considers both these new products an important step in its plan to grow a broad product-based professional liability division. Protective Specialty also offers professional liability coverage for miscellaneous risks, real estate, architects and engineers, technology and lawyers.

Ed Velasquez, Nathaniel Aiken, Rocco Malandrino and Daniel Carreras will provide leadership and experience for the company’s product offering expansion. This team offers more than 110 years of experience.

The Indianapolis-based Protective Specialty is a subsidiary of Protective Insurance Co., which is rated A+ by A.M. Best. Protective Insurance Co. is a member of Baldwin & Lyons, Inc.