MGA/PA/Wholesaler E&O

The most important barometer of any professional liability policy is how vigorously it defends the policyholder in the event of a claim. Rockwood’s team is comprised of experienced underwriters, risk management evaluators, insurance-related E&O litigators, and an “A” (Excellent) rated carrier.

Our common goal is to provide Rockwood insureds with the best E&O coverage in the industry. Rockwood Programs speaks from first-hand experience. Our claims administrator is Wilson Elser Moskowitz Edelman & Dicker, LLP, a nationally recognized law firm with 800+ attorneys in 31 offices across the United States. Wilson Elser has exceptional experience in aggressively and professionally handling litigation and other proceedings so that our insureds get the most effective defense possible.

Program Highlights

  • Defense costs in addition to the limits of liability
  • First Dollar Defense (Loss-only deductible)
  • Aggregate deductible
  • Coverage for unintentional breach of underwriting authorities
  • No insolvency exclusion
  • Broad definition of “Professional Services” to include Lloyd’s Coverholder activities, notary services, premium financing and loss control activities.
  • Hotline staffed by legal professionals to assist insureds in addressing issues before they become claims
  • Automatic coverage for Independent Contractors
  • Punitive damages (where applicable by law)
  • 50% reduction of deductible if claim resolved through mediation
  • Additional coverages included outside the policy limit (separate sub-limits apply): defense costs for regulatory proceedings, litigation expense reimbursement and subpoena expense reimbursement.

Submission Requirements Include

  • Application must be complete in full, including all required attachments

Availability

Nationwide

Underwriting Staff

Mark
Lann- Underwriter
Phone: (305) 248-9495
Fax: (305) 248-9496

Email/States Represented