Overview — Van Wagoner Companies Errors & Omissions Program
Van Wagoner Companies, Inc. offers an Errors & Omissions program placed through Lloyd's and underwritten for agents, brokers, and other professional services that need protection against mistakes, omissions, and professional liability exposures. This Managing General Agency program is positioned to help independent agencies and small to mid-sized professional firms secure tailored E&O protection across a variety of lines.
Ideal Accounts and Appetite
- Independent and small to mid-sized insurance agencies producing personal and commercial lines.
- Producers and brokers offering specialty or niche products where advisory exposures exist.
- Miscellaneous professional service providers whose primary exposure stems from advice, placement, or administrative errors (subject to underwriting review).
Van Wagoner’s program generally fits agencies and professionals with manageable loss history, sound procedures, and clear documentation practices. It is not typically intended for large national brokerages, firms with significant or unresolved regulatory actions, or accounts with frequent or recent professional liability claims unless specifically negotiated.
Coverage Highlights and Advantages
- Flexible forms covering Insurance Agents E&O and Miscellaneous E&O exposures.
- Access to Lloyd’s capacity for competitive limits and specialized wording options.
- Underwriting tailored to agency operations—placement practices, carrier appointments, and client advisory exposure are evaluated to match coverage to the risk.
- Defence costs and claim handling aligned to market standards (specific terms and limits determined in underwriting).
Underwriting Notes and Minimum Premiums
Underwriting focuses on the agency’s product mix, premium volume, staff experience, claims history, and risk management practices. Common documentation requested includes carrier appointments, agency procedures, prior E&O applications, and loss runs. Because minimum premium structures vary by class and state, discuss specific minimums and program pricing with Van Wagoner underwriters during submission.
Territories and Availability
This program is available through Van Wagoner in the following states: AZ, AR, CT, LA, NV, NM, OK, TX, UT. The program is represented with Lloyd’s capacity and is positioned for placement in all available states listed above. Availability and admitted/non-admitted placement may vary by state and by specific account characteristics; confirm placement options with underwriting.
Why Work With Van Wagoner Companies on E&O
- MGA expertise: Van Wagoner acts as an intermediary with focused underwriting for agency and professional liability risks.
- Market access: Lloyd’s placement offers capacity and flexibility for non-standard or specialty E&O exposures.
- Responsive underwriting: Designed to move quickly on submissions that meet appetite, with an emphasis on documentation and risk controls.
Example Account Scenarios
- A three-producer independent agency that writes personal and commercial lines, seeks E&O limits to match their book of business and has a clean five-year loss history.
- A small consulting firm that provides risk management advice to local businesses and needs Miscellaneous E&O to respond to errors in professional services and documentation.
Submission Tips
- Provide current loss runs and any prior E&O applications.
- Detail agency procedures for placing business, documenting client advice, and managing endorsements.
- Include a summary of producer appointments and top carriers for the agency’s book.
Frequently Asked Questions
What types of accounts are a good fit for this E&O program?
Small to mid-sized independent insurance agencies and professional service firms that provide advisory or placement services and have reasonable loss histories and documented procedures are the primary targets for this program.
Which states is the program available in?
The program is available in AZ, AR, CT, LA, NV, NM, OK, TX, and UT. State-specific availability and placement (admitted vs. non-admitted) should be confirmed with underwriting.
What documentation does underwriting typically require?
Underwriters commonly request current loss runs, prior E&O applications, a description of agency procedures and controls, producer appointments, and a summary of the agency’s product mix and top carriers.
Need help placing an account? Connect with a market specialist.