MiniCo’s over 40 years of experience as a program administrator offers a dynamic platform to build the professional liability division.
Phoenix, AZ (PRWEB)
May 30, 2017
MiniCo Insurance Agency has announced that it will offer a miscellaneous professional liability insurance program to provide errors and omissions (E&O) coverage for a vast spectrum of professional service providers. Miscellaneous professional liability insurance helps to protect these businesses from claims that may arise in the performance of professional services. Rick Paladino will manage the program as the Senior Vice President and department head of the Professional Liability Department within the MiniCo Casualty Division located in MinCo’s Woodbury, N.Y., offices. The company will begin offering coverage on July 3, 2017.
MiniCo’s miscellaneous professional liability program will offer worldwide coverage on a claims made form with a schedule of professional services crafted for each risk and capacity of up to $5 million on a primary or excess basis. Coverages will include duty to defend, supplemental payments, spousal liability, and regulatory/administrative actions reimbursement. Optional coverages will include contingent BI/PD coverages, copyright and trademark infringement, punitive damages, personal injury, and independent contractors. This is a sampling of available coverages. Each risk will be underwritten individually, and additional coverage options may be available.
The program will be available exclusively through a select group of wholesalers. Appointment requests may be submitted to Rick Paladino. Targeted classes of business will include advertising agencies, billing services, computer data processing, dispute resolution services, event planners, expert witnesses, graphic designers,…