San Diego, CA, 03/06/2008 – ARROWHEAD General Insurance Agency, Inc. has announced its independent property and casualty insurance agents errors and omissions product will be underwritten with an “A” (XIII) rated carrier by A. M. Best Company. Offered nationwide, it is designed for agencies with up to $25 million in revenue. Eligible agencies include retailers, wholesalers, managing general agencies, specialist firms and hard to place firms. Coverage will be offered on both a primary and excess basis.
“Our new carrier has allowed us to broaden our reach to independent insurance agents,” said Arrowhead’s Professional Liability Program’s President Ed Velasquez. “With limits up to $5 million for each claim and a minimum premium of $5,000, our target market has increased significantly.”
Policy highlights include punitive damages, predecessor firm and personal injury coverage. There is also a mediation provision, which reduces the retention.
For more information on program details and access to this product, please contact the Arrowhead Professional Liability Program at 201.944.7000 or visit ArrowheadGrp.com.
Arrowhead General Insurance Agency, Inc., headquartered in San Diego, is an independent national insurance program manager for commercial, personal and specialty products and is one of the largest privately held general agencies in the United States. Arrowhead’s partnerships with strong insurance carriers provide stability for its nationwide network of producers. We invite insurance agencies and insurance companies from coast to coast to grow with us. ArrowheadGrp.com.
Ed Velasquez, President Professional Liability Program
201.944.7000 | Evelasquez@ArrowheadGrp.com
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