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Overview — Consultants Program from Preferred Concepts LLC Preferred Concepts LLC offers a Consultants program that helps independent agents place professional liability for a wide range of consulting firms. For underwriting and proposal support, the program leverages resources from Mercator Risk Services, which has experience writing consulting accounts in specialties such as: Marketing Environmental Avalanche control Nuclear power plant consulting Safety consulting Management consulting Medical consulting Many consulting firms assume they are covered by a General Liability policy for professional exposures; however, tightening contractual requirements and increasing client expectations are driving demand for explicit Professional Liability (Errors & Omissions) coverage. Preferred Concepts LLC’s Consultants program is designed to help you place that coverage, including difficult or nonstandard risks. Ideal Accounts and Appetite Small to mid-size consulting firms in the listed specialties Independent consultants and small consulting firms with limited staff Accounts with contract-driven insurance requirements (project-specific or client-mandated limits) Hard-to-place or distressed accounts — including risks with prior claims or financial stress Typical accounts that fit the program are firms whose duty is to advise, design, assess, or certify (rather than perform construction or manufacturing). Accounts with significant performance guarantees, statutory exposure, or ongoing operations that include high-hazard fieldwork may require specialized underwriting review. Coverage Highlights and Advantages Professional Liability (E&O) capacity through various carriers available via the wholesale broker platform Ability to handle standard, hard-to-place, distressed and unusual accounts — including those with prior claims Flexibility to work from an agent’s application or from a specialized application when required Support with proposals and placement strategies from experienced underwriters/partners Underwriting Notes and Submissions Preferred Concepts LLC can usually work from the agent’s own application (except renewals), or provide a specialized application when needed. Be prepared to include: Scope of services and contract language Revenue breakdown by service and by location Claims history and prior acts information Any risk management procedures, certifications, or client requirements Because the program accepts hard-to-place situations, disclose any prior claims, regulatory matters, or financial impairment up front to speed placement and find appropriate markets. Territories and Availability This program is available in the following jurisdictions: 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. Why Work with Preferred Concepts LLC on Consultants Business Wholesale broker access to multiple carriers and specialty capacity Experience placing both routine and hard-to-place consulting risks Practical underwriting guidance to help you meet client contract requirements Responsive submission handling and use of agent applications to minimize duplication If you have a client who provides professional advice and faces contractually required limits or a history that has made placement difficult, this program can help you obtain professional liability coverage and market options. Hard to Place: The program also handles hard-to-place, distressed and unusual accounts, such as accounts with claims or financially impaired accounts. Let us know about your clients’ needs and Preferred Concepts LLC will work with our underwriting partners to provide information and assistance for your particular situation or account and your Professional Liability coverage. For more information, please call (860) 527-9717 or send an e-mail to [email protected]. You can get additional information on products, insurance applications, and specialty lines information on the Mercator website at www.mercatorpro.com. Frequently Asked Questions What types of consulting accounts are a good fit for this program?Accounts that primarily provide professional advice, design, or assessment services—such as marketing, environmental, safety, management, and medical consulting—are generally a good fit. The program also considers hard-to-place and previously-claimed accounts on a case-by-case basis. Can I submit using my agency's application?Yes. Preferred Concepts LLC can usually work from your application (other than renewal applications). If needed, a specialized application is available from the underwriting partner. How should I present accounts with prior claims or financial stress?Disclose prior claims, pending matters, and any financial impairments up front. Provide details on claim outcomes, corrective actions taken, and current controls so underwriters can evaluate placement options quickly. Need help placing an account? Connect with a market specialist.

Consultants Professional Liability Program from Preferred Concepts LLC Preferred Concepts LLC, through its partnership with Mercator Risk Services, offers a specialized Professional Liability program tailored for consultants and consulting firms. Whether your client is a solo consultant or a larger firm with a niche specialty, this program is designed to provide flexible, comprehensive coverage—even for harder-to-place accounts. Ideal Accounts and Target Consulting Classes This program accommodates a broad range of consulting disciplines, including both traditional and non-traditional areas. Common types of consultants eligible for coverage include: Management Consultants Marketing Consultants Computer/Systems Consultants Environmental Consultants Safety Consultants Medical Consultants Engineering Consultants Mercator Risk Services has also successfully placed coverage for more unusual or niche consulting operations, including: Wine Consultants Avalanche Control Consultants Sports Marketing Consultants Nuclear Power Plant Consultants Zoo Consultants Playground Consultants If your client provides specialized advice or services in a unique industry, this program could be a great fit—even if they’ve been declined elsewhere. Coverage Highlights and Advantages This Professional Liability program is built to address the specific risks consultants face, such as claims arising from alleged errors, omissions, or negligence in their professional services. Key features include: Flexible limits and deductible options Access to multiple carriers for competitive placement Coverage available for both individual consultants and multi-person firms Solutions for new ventures and established businesses Coverage is offered on a non-admitted basis, allowing for customized solutions that might not be available in the admitted market. Underwriting Approach and Submission Tips Mercator Risk Services is known for its ability to underwrite challenging or distressed accounts. If you have a consultant client with prior claims, unusual exposures, or a unique business model, this program can still be a viable option. Submissions should include a completed application and full details of services offered, claims history, and risk controls in place. Territories and Availability This program is available in all 50 states and the District of Columbia, 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, WV, WI, and WY. Why Work with Preferred Concepts LLC Preferred Concepts LLC, through Mercator Risk Services, brings deep expertise in professional liability for consultants. They’ve built a reputation for delivering responsive service and creative underwriting solutions. With access to a variety of carriers, they can tailor coverage to fit both standard and unusual consulting risks. Whether you're working with a traditional management consultant or a one-of-a-kind specialty adviser, this program can help you deliver the right protection for your client. For more information, please call (860) 527-9717 or send an email to [email protected]. Additional resources, including applications and product information, are available at www.mercatorpro.com. Frequently Asked Questions What types of consultant accounts are eligible for this program?The program covers a wide range of consulting fields, including management, marketing, IT, environmental, and even niche specialties like wine or zoo consultants. Can I submit accounts that have prior claims or are hard to place?Yes, Mercator Risk Services specializes in hard-to-place and distressed risks. They welcome submissions for accounts that may not qualify elsewhere. What states is this program available in?The program is available in all 50 states and the District of Columbia. Is this coverage admitted or non-admitted?This is a non-admitted program, allowing for greater flexibility in crafting coverage for unique or complex risks. What information is needed to get a quote?Submit a completed application along with service descriptions, loss history, and any relevant risk management details to begin the quoting process. Need help placing an account? Connect with a market specialist.

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