Overview of the Program From J.R. Olsen Bonds & Insurance Brokers, Inc.
J.R. Olsen Bonds & Insurance Brokers, Inc. offers a flexible Errors & Omissions (E&O) insurance program designed for a wide range of professional service firms. As a Managing General Agency with access to 25 different insurance companies, J.R. Olsen places E&O coverage for common professional exposures and harder-to-place classes. This program is intended for agents and brokers who need a reliable market for professional liability risks across many professions and transaction types.
Ideal Accounts and Appetite
The program is tailored for transactional and advisory professionals who face negligence, omission or error exposures in the performance of professional services. Typical classes we place include:
- Insurance Agents & Brokers
- Mortgage Bankers / Brokers
- Escrow Companies
- Title Companies and Agents
- Tax Deferred Exchange
- Attorneys
- Travel Agents
- Medical Malpractice
- Architects & Engineers
- For Most All Professions, If Not Shown Here Call
If you have a professional client not listed above, this program often can consider submissions—especially where prior coverage, loss history and risk management practices are reasonable.
Coverage Highlights and Advantages
- Access to multiple admitted and non-admitted markets through a single MGA, improving placement options for unusual or mid-sized risks.
- Standard E&O coverages for negligence, errors, omissions and defense costs; available endorsements and policy features depend on carrier selection.
- Competitive appetite for both renewal and new-business submissions across many professional classes.
- Underwriting flexibility for firms with limited prior coverage or unique operations, thanks to multiple carrier relationships.
Underwriting Notes and Submission Requirements
Underwriting varies by carrier and state. Typical documents requested include a completed E&O application, current and prior loss runs, descriptions of services offered, and any engagement letters or contracts. Common considerations that affect placement:
- Claims history and pending litigation
- Fee volume and revenue mix
- Contractual risk transfer (indemnities, waivers, third-party agreements)
- Risk management practices, staff qualifications and training
Minimum premiums and retentions are carrier- and state-dependent. Because J.R. Olsen works with many markets, minimums will vary—submit the full underwriting package for the most appropriate market match.
Territories and Availability
This program is available in the following states: 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, DC, WV, WI, WY. Availability and admitted/non-admitted options depend on the chosen carrier and state regulations.
Why Work With J.R. Olsen on E&O Business
- MGA specialization — consolidated access to multiple carriers saves time and improves placement success for difficult or niche accounts.
- Breadth of markets — 25 carrier relationships increase the chance of finding terms appropriate to the client’s risk profile.
- Practical underwriting — focused on matching exposures to carrier appetite rather than forcing one-size-fits-all solutions.
- Service orientation — designed to support producers with submission guidance, underwriting feedback and timely quotes.
Two example accounts that fit this program
- A small title agency with steady volume, clean loss history and a need for lender-side endorsements—multiple carriers can be considered to secure competitive terms.
- An independent insurance agency seeking E&O limits and tailored policy wording after a prior carrier non-renewal—this MGA’s carrier panel increases placement options for agents with prior coverage issues.
Frequently Asked Questions
What types of professional accounts are a good fit for this program?
The program fits professional service firms such as insurance agents and brokers, mortgage brokers, escrow and title companies, attorneys, travel agents, architects, engineers and many other advisory or transactional professions. If a class is not listed, submit the risk—J.R. Olsen can often find a market.
Which states is the program available in?
The program is available 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, DC, WV, WI and WY. Admitted versus non-admitted options depend on carrier and state rules.
What documents are typically required to get a quote?
Underwriting commonly requests a completed E&O application, the most recent loss runs, descriptions of services and any sample engagement letters or contracts. More detail may be requested based on the class and carrier selected.
Need help placing an account? Connect with a market specialist.