MISCELLANEOUS ERRORS AND OMISSIONS
Over the past 15 years it became increasingly apparent that coverage for Miscellaneous Professionals and Consultants was required. Many insurers tended to “pigeon hole” these accounts and if they did not fit the underwriting criteria they were declined. We saw the vast potential for this class of business and have successfully developed these risks into a
significant book of business.
NCG Professional Risks Limited specialises in providing Professional Indemnity Insurance to a multitude of professions.
The North American Professional Liability Division at NCG is a dynamic team with a vast depth of knowledge and experience to draw upon to provide clients with the structured solution to their varied insurance requirements.
Our underwriting capacity includes both Lloyd’s and London Company market and with our long relationships and quality business production our Underwriters are keen to provide viable terms for existing and prospective customers.
Our aim is to provide an efficient and valued service in our commitment to making our clients the number one priority
Summary of coverages
- Coverage available for in excess of 150 professional services
- Claims Made and Reported Policy Form
- Pay on behalf of Policy Form
- Duty to Defend
- Prior Acts coverage (with no prior knowledge or notice) contained within the Policy Form
- Deductibles available from $2,500
- Minimum Premiums from $1,000 (for a $100,000 limit)
- Bodily Injury / Property Damage coverage available for an additional premium
- 12 months Extended Reporting Period available for an additional premium
- Professional Services defined by individual accounts
- Retroactive Date Inception coverage available for a reduced premium
- Deductible will not erode the aggregate limit of liability
- Short form application available for quick indication of premium / terms
- Risk Management services available
Important – this product summary is intended for guidance only and should not be taken as a definitive statement of policy terms and conditions. Full details of the coverage available will be provided upon request
Highlights
- “A” Rated Carriers
- Claims made policy forms
- Full prior acts can be considered
- Worldwide coverage
- Limits from $100,000 to $10,000,000 or more
- Typical 24 – 48 hour turnaround
For further Information please contact:
Mark Mitchell
Email: mark.mitchell@ncgpi.co.uk
Telephone: +44 (0)20 7220 4370
Alan Lambert
Email: alan.lambert@ncgpi.co.ukk
Telephone: +44 (0)20 7220 4369