Insurance Agent Errors & Omissions Program from Continental Risk / Continental Marine Insurance Services
Continental Risk / Continental Marine Insurance Services offers a competitive Insurance Agent Errors & Omissions (E&O) Program tailored for agencies with annual revenues exceeding $500,000. Designed for retail and wholesale insurance professionals, this program delivers robust protection against professional liability exposures unique to the insurance industry.
Whether you're a retail agent, wholesale broker, managing general agent, or program administrator, this specialized E&O solution helps safeguard your business from claims related to professional negligence, errors, or omissions in the course of serving your clients.
Ideal Accounts and Appetite
This program targets a wide range of insurance professionals, including:
- Retail Insurance Agents
- Wholesale Insurance Brokers
- Life and Property & Casualty Agents
- Managing General Agents (MGAs)
- Program Administrators
A minimum revenue threshold of $500,000 is required for this program. Agencies below that level may still qualify for alternative E&O solutions through Continental Risk.
You might have a client who recently scaled up their operation and now needs higher E&O limits to satisfy carrier requirements. Or perhaps you're working with a multi-state MGA looking for flexible coverage that includes defense outside the limits — this program can address both scenarios.
Coverage Highlights and Advantages
The Insurance Agent E&O Program is structured to meet the real-world risks faced by insurance professionals. Key features include:
- Limits up to $10,000,000
- Primary and excess coverage options
- Admitted in most states
- Duty-to-defend policy form
- Defense costs available outside the limit of liability
- No mold or pollution exclusions
- Coverage for independent contractors
- First-dollar defense options
- Limited insurer insolvency exclusion
- Multi-year extended reporting period options
- Automatic 60-day post-policy reporting period
- Personal injury coverage included
Underwriting Notes and Minimum Premiums
Minimum premiums will vary based on carrier and underwriting factors such as agency size, revenue, and loss history. Continental Risk partners only with carriers rated "A" or better, ensuring quality backing for every policy.
While this program is structured for larger agencies, smaller firms may still access E&O options through Continental Risk’s alternative programs. Submissions should include complete applications, revenue breakdowns, and recent loss runs if available.
Territories and Availability
This program is available in all 50 states and Washington, D.C., offering broad geographic flexibility. Admitted markets are available in most states, depending on the account's characteristics and coverage structure.
Why Work With Continental Risk / Continental Marine Insurance Services?
As a wholesale broker with extensive experience in professional liability, Continental Risk / Continental Marine Insurance Services provides agents and brokers with access to proven markets, responsive service, and tailored solutions. Their deep understanding of the insurance industry ensures that you receive expert guidance when placing complex E&O risks.
Whether you're trying to meet a carrier’s E&O requirement for a newly appointed agency or helping a long-time client renew with higher limits and broader coverage, Continental Risk is a reliable partner for your insurance professional liability needs.