NEW YORK, NY/ December 31, 2012: The Professional Liability Division of Program Brokerage Corporation (PBC), a leading wholesale brokerage based in New York, today announced a new product specifically designed for title insurance agents. This specialized offering was created to provide protection for professional liability claims brought against title insurance agents. Some coverage highlights include: personal injury extension, automatic coverage for independent contractors, employed lawyers extension, broad definition of claim, and more.
The product is underwritten by ProSight Specialty Insurance Company, a carrier rated "A" Excellent (AM Best), and is available on a surplus lines basis. It features a minimum premium of $2,000 and limits of liability up to $3,000,000. To view an application, click here.
"There are a shrinking number of insurance carriers writing this business and coverage terms remain inconsistent in this industry," said Maria Treglia, Chief Sales Officer and President, Professional Liability Division of Program Brokerage Corporation."This new offering provides comprehensive coverage with various enhancements not commonly included in standard policies."
The Professional Liability Division of Program Brokerage Corporation offers agents and brokers with specialized insurance coverage options for their clients, including Directors & Officers and Errors & Omissions Liability; Employment Practices Liability; Crime/Fidelity; Kidnap & Ransom and much more.
For additional information or to apply for coverage, please ask your insurance professional to contact Maria Treglia at Program Brokerage Corporation directly at 516-496-1345 or [email protected].
Program Brokerage Corporation (PBC) is a leading wholesale insurance brokerage ranked among the top 10 in the US that specializes in creating customized solutions for a wide variety of industries, and offers general wholesale products. PBC has programs designed specifically for commercial and residential real estate, bars and taverns, and more. PBC operates out of offices throughout New York, New Jersey, Pennsylvania and Rhode Island area and works with agents and brokers nationwide
Program Brokerage Corp.
100 Sunnyside Blvd. | Woodbury, NY 11797
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www.programbrokerage.com