Program

Insurance Agents Professional Liability

Programs Signature Programs Professional Insurance Agents Professional Liability

The Signature Insurance Program for Insurance Agents and Brokers

RPS Signature Programs’ product for Insurance Agents and Brokers covers mid-size to larger insurance agencies, wholesalers and managing general agents (MGA).

Coverages

  • Claims-made or claims-made and reported
  • Defense outside of the limits
  • First dollar deductible
  • Deductible aggregated to three times per loss
  • Deductible reduction credits (settlement without litigation)
  • Contractual liability included for broker/agent agreements
  • Insolvency B+/demotech/government backed or operated
  • Punitive damages (if insurable by law)
  • Broad personal injury coverage
  • Spouse/domestic partner
  • Final adjudication language (conduct exclusion)
  • Modified hammer (up to 80/20)
  • Automatic independent contractor (on behalf of insured)
  • Loyalty discounts
  • Choice of counsel
  • First party security privacy breach ($25,000 to $250,000)
  • Broad definition of professional services
  • Additional expense/loss of earnings outside limits
  • ERP options up to 5 years
  • Blanket predecessor coverage
  • Available nationwide, coverage is admitted and non-admitted depending on the state and is NJ/FTZ admitted for all programs.

Target 

  • Agencies with $300,000 to $15,000,000 in revenue

Limits

  • 1,000,000 to $5,000,000

Why RPS Signature Programs

Our team of industry experts can help take on the most complex client needs with our exclusive programs offering specialized coverage for niche risks.

Let's Get in Touch

Please feel free to get in touch with us any time regarding our products and services.  We love to receive feedback from our customers.