Source of Title
Errors & Omissions, Cyber Liability, and Employment Practices Liability Insurance now available to our members!
Rockwood offers a portfolio of management and professional liability insurance products tailored to the needs of Title Agents and Abstractors/Title Searchers.
E&O Insurance
- The well-publicized problems in the real estate market are making it more difficult for Title Agents, Abstractors and Escrow/Closing Agents to find affordable Errors & Omissions (E&O) insurance.
- Fox Point Programs has the answer! Our knowledgeable underwriters can help you secure coverage uniquely tailored to the exposures faced by title insurance professionals. The financial impact of an E&O suit can be devastating and can potentially wipe out your business and personal assets. Even if the allegations prove to be groundless, the firm could still incur substantial legal defense costs. Fox Point Programs is here to help.
Use the links below to access the quote portal or obtain more coverage information.
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Cyber Liability Insurance
- Up until recently, cyber attacks and data breaches were relatively rare occurrences. This is no longer the case, as hackers have become more sophisticated and cunning. The cost of cybercrime reached $8 trillion in 2023 and is expected to reach $10.5 trillion by 2025.
We can help protect your clients from the devastating consequences of cybercrime. We can provide access to a portal that can provide bindable quotes from multiple markets.
Use the links below to access the quote portal or obtain more coverage information.
. Employment Practices Liability Insurance
- Employment Practices Liability Insurance (EPLI) provides defense and indemnity protection against claims arising from the employer/employee relationship. If you think this type of exposure is only faced by large companies, consider the following:
- 42% of EPL-related lawsuits are filed against firms with fewer than 100 employees.
- The number of employee lawsuits have risen by about 400% over the past 20 years.
- The average jury award for an EPL-related case is $217,000 Need this valuable coverage? We can assist. Use the links below.
. A.M. Best Rating
Our programs have an A.M. Best Rating of A- or better.
