Rockwood Programs has been a provider of Insurance Agent’s Errors & Omissions coverage since 2001.  Over that time, we have compiled a listing of generally identifiable and discrete causes for claims to be made against this business niche.  Nearly two-thirds of all losses are due to an alleged failure to procure insurance.  Regardless of cause, the financial impact of claim can be devastating to an agent.

Our firm is well positioned to offer competitive E&O terms.  Rockwood possesses in-house underwriting authorities via a national program supported by an “A” (Excellent) rated insurer.  We also maintain appointments with over a dozen carriers specializing in this class – providing us with the flexibility to place nearly any risk.

POLICY HIGHLIGHTS

• An array of liability limit options available – from $250,000/$250,000 to $1,000,000/$3,000,000

• $100,000 in General Liability coverage provided at no additional cost to the policyholder.

• $25,000 in legal defense for administrative/disciplinary hearings initiated by any regulatory agency

• Supplemental Payments up to $500 per day, each insured.  Aggregate limit of $5,000

• Incidental placement of Property & Casualty business included at no additional cost
• Access to a Pre-Claims Hotline – staffed by legal professionals – provided to policyholders free of charge

The true litmus test of any insurance policy is how well it responds in the event of a loss.  Claims administration is provided by the law firm of London Fischer.  Over the course of over 60 years, our attorney-partners have established a reputation of providing an advocacy defense for its clients.