Overview of the Program from J.M. Wilson Corp.
J.M. Wilson Corp. offers a specialized Errors & Omissions (E&O) Insurance program designed specifically for professionals in the insurance industry. This program is tailored for independent agents and brokers who serve retail and wholesale insurance operations, MGAs, and MGUs. Whether you’re looking to protect a startup retail agency or a growing MGU operation, this E&O solution delivers flexible, competitive coverage backed by our access to both admitted and non-admitted markets.
Ideal Accounts and Appetite
This program is best suited for:
- Retail insurance agencies with at least 50% of revenue from property and casualty lines
- Wholesale insurance brokerages
- Managing General Agents (MGAs) and Managing General Underwriters (MGUs)
If you have clients who are concerned about professional liability exposures related to the placement or handling of insurance policies, this program can provide the protection they need. For example, you might have a retail agency client that specializes in small commercial lines or a wholesaler working with niche markets—both are strong fits for this offering.
Coverage Highlights and Advantages
- Competitive pricing structure
- $1MM / $3MM limits of liability
- $1,000 minimum deductible
- $1,000 minimum premium
- Defense costs paid outside the limits of liability
- Automatic coverage for independent contractors
- Worldwide coverage, provided the claim is brought in the U.S. or Canada
- Exclusion for bankrupt insurance companies does not apply to those rated B+ or better
- Prior acts coverage available
- Consent to settle provision included
- Extended reporting period options of 1, 2, 3, or 5 years, regardless of who cancels
- $25,000 in regulatory action expense coverage with no deductible
Underwriting Notes and Minimum Premiums
Standard underwriting criteria apply, with consideration given to the size, experience, and loss history of the agency or firm. The minimum premium begins at $1,000, with deductibles starting at $1,000. Prior acts coverage and extended reporting options help accommodate your clients’ evolving liability exposures.
Territories and Availability
J.M. Wilson offers this program in the following states: AL, AR, FL, GA, IL, IN, IA, KS, KY, MI, MS, MO, NE, NC, OH, OK, PA, SC, TN, VA, WV, and WI. We represent a variety of admitted and non-admitted carriers to meet diverse risk profiles and regulatory environments across these territories.
Why Work with J.M. Wilson Corp.?
As a trusted MGA and Excess & Surplus Lines Broker, J.M. Wilson brings decades of experience helping independent agents and brokers find the right markets for complex or hard-to-place risks. Our Insurance Industry E&O program is backed by knowledgeable underwriters, flexible carrier options, and responsive service. Partner with us to help your clients secure the professional liability protection they need—delivered with the efficiency and expertise you expect.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for retail and wholesale insurance agencies, MGAs, and MGUs—especially those with a strong focus on property and casualty lines.
Are independent contractors covered under this policy?
Yes, the policy automatically includes coverage for independent contractors working with the insured agency or firm.
Is prior acts coverage available?
Yes, prior acts coverage is available, subject to underwriting review and eligibility.
What is the minimum premium for this program?
The minimum premium starts at $1,000, with deductibles also beginning at $1,000.
In which states is this program offered?
The program is available in AL, AR, FL, GA, IL, IN, IA, KS, KY, MI, MS, MO, NE, NC, OH, OK, PA, SC, TN, VA, WV, and WI.
Need help placing an account? Connect with a market specialist.