Overview of the Program From Tennant Risk Services
Tennant Risk Services is a specialty Managing General Agency and Excess & Surplus Lines Broker with deep expertise in professional liability coverage. Our Miscellaneous Professional Liability (Errors & Omissions or E&O) Insurance program is designed for a wide range of professional service providers. We support retail insurance agents and brokers by offering quick turnaround, competitive pricing, and access to multiple markets tailored to meet your clients' complex professional liability needs.
Ideal Accounts and Appetite
Our E&O program offers coverage for a broad spectrum of professional service businesses, including but not limited to:
- Consultants – All Types
- Actuaries
- Advertising and Marketing Services
- Claims Adjusters/TPAs
- Compliance and Regulatory Advisors
- HR and Safety Consultants
- Medical Billing Services
- Telecom Site Services
- Specialty or Trade Schools
This program is well-suited for both established firms and startups. Whether your client is a one-person operation or a multi-service consulting firm, we can customize coverage to match their unique professional exposures.
Coverage Highlights and Advantages
Tennant Risk Services works with a variety of carriers to offer flexible and comprehensive coverage options. Key policy features may include:
- Limits and deductibles tailored to client size and risk
- Minimum premiums starting as low as $750 (varies by carrier)
- Defense costs outside the policy limits
- First dollar defense available
- Optional Cyber Risk and Employment Practices Liability (EPL)
- Coverage for independent contractors
- Contingent Bodily Injury/Property Damage (BI/PD)
- General Liability extension endorsements
Underwriting Notes and Sample Accounts
We have appetite for challenging accounts, including:
- Newly formed entities or startups
- Firms with adverse loss history
- Businesses offering multiple service lines
- Operations with specialized or unique exposures
Example accounts we've successfully placed include:
- Equipment Inspection Firm – $2M Limit, $35,000 Premium
- Actuarial Consultant – $1M Limit, $15,000 Premium
- Energy Broker – $1M Limit, $3,000 Premium
- Marketing Consultant – $1M Limit, $1,000 Premium
Territories and Availability
This program is available in most states, including 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 status varies by state and carrier.
Why Work With Tennant Risk Services
Tennant Risk Services brings years of niche underwriting experience in professional liability. We offer:
- Access to multiple E&O markets
- Customized solutions for hard-to-place risks
- Responsive support and fast turnaround
- Collaborative underwriting process
For more information or to discuss a submission, please contact our team via phone or
email. We look forward to helping you place your next E&O risk.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for a wide range of professional service providers, including consultants, compliance advisors, HR firms, claims adjusters, and specialty service companies.
Can this program handle new or startup businesses?
Yes, Tennant Risk Services has appetite for startups and newly formed operations, including those offering multiple services or with unique exposures.
What coverage enhancements are available?
Optional enhancements include First Dollar Defense, Cyber Risk, EPL coverage, Contingent BI/PD, and General Liability extensions, depending on the risk and carrier.
In which states is this program available?
This Miscellaneous Professional Liability program is available in most U.S. states. Admitted status may vary by location and carrier.
How quickly can I get a quote?
Tennant Risk Services offers fast turnaround. Provide complete submission details and our team will respond promptly with options.
Need help placing an account? Connect with a market specialist.