Policy Highlights

• Provides both $500,000/$500,000 and $1,000,000/$1,000,000 limits of liability
• All policies are issued with a $5,000 deductible
• Premiums start as low as $2,150 for $500,000/$500,000 and $2,500 for $1MM/ $1MM
• Rates are designed to be commensurate with experience
• Base premiums actually decrease with each renewal
• Eligible for Rockwood’s standard P&C program with 3 years experience

Cyber Liability Now Available!

Rockwood Programs has recently begun including Cyber Liability to its portfolio of management and professional liability products. We are sensitive to the ever-changing needs of the marketplace. The increasing need to protect your business against cyber liability and data breach exposures. We partnered with Certain Underwriters at Lloyds, London to craft a solution that offers real insurance protection without requiring our customers to undergo a lengthy and intrusive application process.

• Available as an underlying Rockwood account endorsement with a separate sub limit or on a stand-alone basis
• Low minimum premium
• Limits up to $1,000,000 are available

Eligibility

• Only available to agents licensed three years of less
• Generates less than $150,000 in gross commission revenues annually
  • Other territorial restrictions may apply
• Non-admitted placements up to 10% No involvement with:
  • Multiple Employer Welfare Arrangements (MEWAs)
  • Multiple Employer Trusts (METs)
  • Risk Purchasing Groups (RPGs)
  • Captives
• Placement with carriers rated “B+” or better by A.M. Best
• No previous claims history from either P&C or Life/A&H activities
• New agents must agree to access and review Rockwood’s risk management tools within 90 days of policy issuance
• Product line placements limited to standard lines of business:
  • Personal lines
  • Package Business-Owners Policies
  • General Liability
  • Workers Compensation, etc.