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Victor O. Schinnerer & Company, Inc. offers a claims-made Real Estate Errors & Omissions (E&O) program designed for a broad range of real estate professionals. The program is underwritten through CNA and is administered by Schinnerer as a Managing General Underwriter. Coverage can be tailored to individual firm operations and risk profiles, and Schinnerer's Real Estate E&O program is the exclusive E&O insurance partner for the NATIONAL ASSOCIATION OF REALTORS® (mortgage brokers excluded). Overview of the Program This Real Estate E&O program provides professional liability protection for errors, omissions and negligent acts arising from real estate services. The policy is written on a claims-made basis and is intended for agents, brokers and related professionals whose exposures arise from residential, commercial and transactional real estate activities. Limits and deductibles are flexible to match different firm sizes and exposures. Ideal Accounts and Appetite Residential real estate agents and small-to-mid sized brokerages Commercial real estate professionals and leasing agents Independent and certified appraisers Auctioneers and transactional specialists Property managers and firms providing leasing or tenant-placement services Mortgage brokers (note: excluded from the NAR partnership) Schinnerer typically looks for traditional real estate operations with documented procedures, reasonable transaction volume for the firm size, and standard commission and contract practices. Excessive specialty exposures (large construction escrow handling, major development projects, or high-volume mortgage lending) may require supplemental underwriting or alternative markets. Coverage Highlights and Advantages Claims-made E&O wording tailored to real estate operations Flexible limits up to $5 million Deductibles starting at $1,000 and premium options that begin at $500 Program underwriting through CNA—strength and claims handling experience Customizable endorsements to address common real estate exposures (e.g., transactional errors, failure to disclose, misrepresentation) Schinnerer’s direct relationship with the NATIONAL ASSOCIATION OF REALTORS® supports placement for REALTOR® members (mortgage brokers are excluded from that affiliation) Underwriting Notes and Minimums Policies are underwritten on a firm-by-firm basis. Important submission elements include current application, loss runs (typically last 5 years), copies of standard listing and purchase agreements, and a description of risk management procedures. Because this is a claims-made program, pay attention to retroactive dates and prior acts coverage when negotiating placement. Premiums, deductibles and limits are flexible; the program lists premiums starting at $500, deductibles starting at $1,000, and limits up to $5,000,000. Larger or more complex accounts may require excess placement or individualized underwriting and pricing. Territories and Availability Available through Victor O. Schinnerer & Company, Inc. as a Managing General Underwriter and placed with CNA. Territories: 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. The program can be written on admitted or non-admitted paper where applicable; confirm state-specific filing and availability. Why Work With Victor O. Schinnerer on This Business Schinnerer brings program underwriting expertise specific to real estate E&O and direct access to a carrier with national capacity (CNA). The program supports REALTOR® members through Schinnerer’s exclusive relationship with the NATIONAL ASSOCIATION OF REALTORS® (mortgage brokers excluded), which can simplify placement for those firms. Flexible limits and endorsements make this program a good fit for a range of firm sizes, from single-agent practices to larger brokerages and property management firms. Schinnerer provides underwriting guidance and risk management considerations that help you present accounts effectively and secure competitive terms. Example Account Scenarios You have a six-agent residential brokerage seeking primary E&O limits of $1 million with a low deductible and professional liability wording that includes transactional endorsements—this program can provide tailored pricing and coverage. A regional property management firm that handles leasing and tenant placement wants higher limits and customized endorsements for management errors—Schinnerer can evaluate and structure appropriate limits and wording, with excess placement if needed. Frequently Asked Questions What types of real estate professionals are a good fit for this program?The program suits real estate agents, brokers, appraisers, auctioneers, leasing agents, property managers and many commercial real estate professionals. Appetite is best for firms with standard transactional operations rather than unusual or highly specialized exposures. Is this coverage claims-made and what should I watch for?Yes — the policy is claims-made. Verify the retroactive date, any prior-acts coverage, and whether tail or extended reporting period options are available when binding or renewing a policy. What limits, deductibles and premium levels are available?The program offers limits up to $5 million, deductibles starting at $1,000, and premium entry points shown starting at $500. Actual pricing depends on firm size, operations, loss history and requested endorsements. Which states is this program available in?Victor O. Schinnerer’s Real Estate E&O program is available in the states listed in the storefront (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). Confirm state-specific availability and filings when submitting. What submission materials does Schinnerer typically require?Provide a current application, recent loss runs, representative contracts (listing/purchase/management agreements), and a summary of firm operations including transaction volume and risk management practices. These materials help expedite underwriting and obtain competitive terms. Need help placing an account? Connect with a market specialist.

ERISA Bonds Program from Preferred Concepts LLC Preferred Concepts LLC, through its partnership with Mercator Risk Services, offers a dedicated ERISA Bond program tailored for investment advisors and other professionals managing ERISA-regulated employee benefit plans. This program is designed to meet compliance requirements while providing agents and brokers with efficient access to a reliable market for these specialized bonds. ERISA bonds are a legal obligation for any fiduciary managing assets of an employee benefit plan—such as 401(k)s or pension plans—under the Employee Retirement Income Security Act (ERISA). Many investment advisors may be unaware of this requirement, making it a critical coverage for agents to identify and place on behalf of their clients. Ideal Accounts and Appetite This program is ideal for: Registered investment advisors (RIAs) Financial professionals managing ERISA-governed plans Fiduciaries of employee benefit or pension plans Even advisors with limited ERISA exposure may need this bond to remain compliant. Mercator Risk Services also specializes in helping with hard-to-place or distressed accounts, making this a flexible solution for a wide range of client scenarios. For example, you may have a client with a small RIA firm managing multiple 401(k) plans. They may require ERISA bonds with varying limits based on assets under management. This program can help you address those needs quickly and efficiently. Coverage Highlights and Advantages ERISA bonds written to meet federal fiduciary requirements Limits based on a percentage of plan assets, up to $500,000 per plan Simple underwriting process due to historically low exposure Competitive pricing and turnaround time Custom applications available or use of existing non-renewal applications Mercator Risk Services works closely with brokers to evaluate each client’s needs and determine the appropriate bond structure. The process is designed to be agent-friendly and time-efficient. Underwriting Notes and Minimum Premiums Underwriting is streamlined thanks to the low historical loss ratio associated with ERISA bonds. In many cases, underwriting can begin using an application you already have on file, avoiding redundancy and speeding up the process. Additional information may be requested for distressed or unusual risks. Territories and Availability This ERISA Bond program is available nationwide, including in the District of Columbia. Coverage can be placed in all 50 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, WV, WI, WY. Why Work With Preferred Concepts LLC Preferred Concepts LLC is a trusted wholesale broker offering access to multiple carriers through Mercator Risk Services. Their expertise in specialty lines and niche programs, including ERISA Bonds, allows you to confidently place business for clients with complex or non-standard needs. Whether you're dealing with a straightforward advisor account or a distressed fiduciary risk, their team can support you with fast quotes, knowledgeable underwriting, and customized application options. For more information, call (860) 527-9717 or email [email protected]. Additional resources are available at www.mercatorpro.com. Frequently Asked Questions What types of accounts are a good fit for this ERISA Bond program?This program is ideal for registered investment advisors, fiduciaries, and other professionals managing ERISA-regulated plans such as 401(k)s or pensions. Can this program handle hard-to-place or distressed ERISA bond accounts?Yes, Mercator Risk Services specializes in difficult and unusual accounts. They can assist with underwriting and placement for distressed or high-risk clients. What is the maximum bond limit available through this program?Bond limits are based on a percentage of plan assets, with a maximum of $500,000 per qualifying plan. Do I need a special application to get started?Mercator can often start with an application you already have, or they can provide a specialized form tailored to your client's needs. Is this program available in all states?Yes, the ERISA Bond program is available in all 50 states and the District of Columbia. Need help placing an account? Connect with a market specialist.