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The proliferation of Appraisal Management companies began in the aftermath of the 2007–2009 real estate market collapse. These firms serve as intermediaries between lenders and appraisers—assigning qualified professionals to appraisal tasks, ensuring compliance, and maintaining quality control throughout the valuation process. Intercorp, Inc. offers a specialized Appraisal Management professional liability insurance program built specifically for these companies. As a program administrator with deep experience in niche E&O markets, Intercorp delivers focused underwriting, responsive service, and tailored coverage options designed to support both agents and their clients in this unique space. Ideal Accounts and Appetite This program is designed for independent Appraisal Management Companies (AMCs) operating across the U.S. Whether your client manages a high volume of residential appraisals or specializes in commercial valuations, Intercorp’s program can be a strong fit—especially when regulatory compliance and professional liability exposure are key concerns. Ideal scenarios include: New or established AMCs seeking comprehensive E&O protection Firms expanding into new states and requiring broader coverage definitions Companies with clean claims history and sound internal processes Coverage Highlights and Advantages Intercorp’s program offers flexible and competitive coverage designed to address the real-world risk exposures of AMCs: • Broad definition of appraisal management services • Policy limits from $500,000 to $2,000,000; deductibles from $2,500 to $10,000 • Disciplinary Proceeding Endorsement – includes $5,000 in defense costs for actions brought by state regulatory boards • Optional Technology and Network Security Endorsement • Confidential pre-claim assistance hotline • Simple application process with fast quote and policy issuance turnaround In addition, flexible payment options make it easier for your clients to secure coverage, including down payments as low as 25–30%, with quarterly billing options or a 50% down/50% due in 30 days structure—with no added charges or fees. Underwriting Notes and Minimum Premiums Minimum premium varies based on limit selection, business size, and risk profile. Intercorp underwrites each account individually to ensure appropriate pricing and coverage terms. Non-admitted coverage is placed through Lexington Insurance Company, offering financial strength and flexibility for non-standard risks. Territories and Availability This program is available in most states, including but not limited to: CA, FL, TX, NY, IL, PA, and GA. Intercorp currently writes business in all U.S. states except where specifically restricted. Why Work With Intercorp Intercorp is a long-standing program administrator known for its niche focus and proactive service model. The team provides expert underwriting, pre-claim guidance, and hands-on support throughout the life of the policy. When a claim arises, your client won’t face it alone—Intercorp is there to help navigate the process efficiently and professionally. If you’re placing professional liability for an Appraisal Management Company, Intercorp offers a responsive and knowledgeable partner to help you deliver tailored solutions with confidence. Frequently Asked Questions What types of accounts are a good fit for this program?The program is ideal for independent Appraisal Management Companies handling residential or commercial valuations, particularly those with clean claims histories and strong compliance procedures. Is this coverage available on an admitted basis?No, this program is offered on a non-admitted basis through Lexington Insurance Company. What are the available policy limits and deductibles?Policy limits range from $500,000 to $2,000,000, with deductibles starting at $2,500 and going up to $10,000. Does the program include coverage for disciplinary actions?Yes, a Disciplinary Proceeding Endorsement is included, providing up to $5,000 in defense costs for regulatory board actions. How quickly can quotes and policies be issued?Intercorp offers a streamlined application process and typically responds quickly with quotes and policy documents. Need help placing an account? Connect with a market specialist.

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