Protector Plans Executive Liability has introduced a new primary product offering. The insurance program, Protector Plans Executive Liability, now provides coverage for D&O liability, employment practices liability, fiduciary liability, employed lawyers, crime, and miscellaneous professional liability for private and not-for-profit risks. The coverage is available for risks with revenue and assets up to $750 million or 2,500 employees, with limits of up to $5 million per coverage section.
Backed by an insurance carrier with an AM Best Rating of A XV, all coverage includes duty to defend, no hammer clause, and non-rescindable coverage. There are also coverage enhancements available specifically designed for professional firms and healthcare.
Protector Plans Executive Liability supports various industries, including oil and gas, healthcare, hospitality/restaurants, technology, software, consulting, engineering, biotech/pharma, and more. The program specializes in providing Miscellaneous Professional Liability coverage for advertising services, event planning services, medical billers, printers, property management, travel agents, and fulfillment firms.
Jeffrey S. Grange, the president of Protector Plans’ Tampa Programs division, stated that the addition of the primary product offering aligns with Protector Plans’ vision to be the leading delegated underwriting platform for specialty lines in the MGA/MGU channel. They aim to provide customized insurance products and solutions that cater to the risk management needs of their customers as a talent-led organization committed to specialization.
Working with Protector Plans brands gives customers access to customized insurance solutions for commercial and retail products, extensive underwriting knowledge, and fast quote turnaround. Protector Plans’ website will be regularly updated with news, blogs, business activity, new product offerings, and events. For a complete list of policy features and coverage appetite and to submit an inquiry, you can email [email protected].
About Protector Plans Executive Liability/B&B Protector Plans
Protector Plans Executive Liability Program provides coverage for all your business insurance needs, including D&O liability, employment practices liability, fiduciary liability, employed lawyers, crime, and miscellaneous professional liability coverage for private and not-for-profit risks. The coverage is available for risks with revenue and assets up to $750 million or 2,500 employees. The limits are up to $5 million per coverage section.
Brown & Brown Protector Plans, Inc. is a national administrator of property and casualty insurance solutions. They have a 40+ year history of meeting the complex insurance needs of professionals and are known for their innovation and customer service. Protector Plans is a wholly owned subsidiary of Brown & Brown, Inc.
About Brown & Brown, Inc.
Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm that has been delivering risk management solutions to individuals and businesses since 1939. With 15,000+ teammates in approximately 500 locations worldwide, they are committed to providing innovative strategies to help protect what their customers value most. To find more information or locate an office near you, please visit bbinsurance.com.
Greg Boornazian, Protector Plans Executive Liability, 813-222-4229, [email protected], https://www.bbprotectorplans.com/executive-liability/
SOURCE Protector Plans Executive Liability