Ideal Accounts and Appetite
We quote TPAs across the business lifecycle — from startups with under $500,000 in annual revenue to large national administrators exceeding $10 million. The program is a strong fit for agents placing coverage for TPAs that provide:
- Claims administration and risk management services
- PPO network management and provider contracting
- Employee benefit plan oversight and ERISA-related services
- Insurance placement, consulting, or referral activities
If a client’s current program excludes exposures such as HIPAA or ERISA, our markets frequently can close those gaps.
Coverage Highlights and Advantages
Policies placed through Capitol Special Risks are underwritten with the TPA service mix in mind. Available protections include:
- HIPAA/privacy and cyber liability extensions
- ERISA fines and penalty coverage where available
- Contingent bodily injury arising from TPA operations
- Insolvency-related exposures tied to carriers or networks
- Liability for insurance placement, consulting, or referral work
Complementary products frequently placed alongside E&O include:
- Privacy/Cyber Liability
- Directors & Officers and Employment Practices Liability
- Commercial Crime, including client property coverage
- ERISA and Surety Bonds
Underwriting Notes and Minimum Premiums
Underwriting is driven by the TPA’s revenue, services offered, claim history, security controls, and any broker/placement activities. Minimum premiums vary by carrier and the scope of coverage — submit a completed application and exposures summary for the quickest, most accurate indication. Capitol Special Risks does not charge a broker fee.
Territories and Availability
This program is available in all 50 states (including DC) on a non-admitted basis through our carrier partners. We maintain placement options across multiple markets to provide competitive terms for insureds in:
AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY.
Why Work With Capitol Special Risks?
As a wholesale broker focused on niche professional liability placements, Capitol Special Risks brings targeted TPA expertise and access to multiple E&O markets. Our underwriters know the nuances of TPA operations and can identify exposures that generalist carriers may miss. We emphasize fast turnaround, competitive structuring, and responsive service to help you place complex TPA risks more efficiently.
In CA, Capitol Special Risks, Inc. dba: Capitol Special Risks Insurance Service - CA Fire & Casualty Agency - #0C46094
Frequently Asked Questions
What types of accounts are a good fit for this program?
Ideal accounts include Third Party Administrators that provide claims administration, PPO services, case management, or insurance placement. We work with firms ranging from small startups to large national TPAs.
Can you cover TPAs that handle insurance placement or referrals?
Yes. Our E&O forms can include coverage for insurance placement, consulting, or referral activities — exposures that other carriers commonly exclude.
What if my client’s current policy excludes HIPAA or ERISA exposures?
Our program is designed to address common exclusions such as HIPAA/privacy breaches and ERISA fines. In many cases we can provide tailored wording or endorsements to fill coverage gaps.
Is this program available nationwide?
Yes. We offer placement nationwide on a non-admitted basis through multiple market partners.
What is the turnaround time for quotes?
We aim for fast turnaround. Provide a completed application, revenue and service breakdown, and any loss history to expedite competitive terms.
Need help placing an account? Connect with a market specialist.