PUA can assist you in the placement of hard-to-place risks on a brokerage basis as well for the following classes:
1) Small Intellectual Property Law Firms
- Law firms from 1 up to 12
- Insured’s practice area must be over 75% Intellectual Property based
- Minimum premiums & retentions:
$ 1,000,000 xs $10,000 retention each claim @ $9,000 Annual
$ 500,000 xs $10,000 retention each claim @ $7,500 Annual
2) Law Firms- surplus lines
- Minimum Premium: $5,000
- Employed Lawyers and Solo Practitioners Considered in addition to larger firms
3) Distressed Lawyers & Accountants Professional
- “Hard-to-Place” market for larger firms with claims or tough areas of practice
- $40,000 minimum premium & deductible for distressed firms
4) Allied Healthcare & Nursing Homes
- Combined GL/PL form available
- Minimum Premium: $7,500
- Many classes considered including: Nursing Homes, Assisted Living, Drug/Alcohol Rehabilitation Centres, Homes (Children, Battered Women, Handicapped, etc), Nurses, Medical Billing & Staffing, Outpatient Clinics, Social Services, and more . . .
5) Excess Professional Liability
- Non-medical excess available
- Minimum Underlying Limits required: $1,000,000 each claim and $1,000,000
in the aggregate.
6) Environmental GL, Pollution, and Professional
- Minimum Premium: $10,000 for GL and $5,000 each for PL and CPL
- GL coverage available for Restoration Contractors through this program
7) Financial Consultants, Accountants, and Actuaries Professional
- Minimum Premium: $5,000
- Surplus lines market for small to mid-sized risks
8) Insurance Agents Errors & Omissions
- Minimum Premium: $2,000
- P&C Agents only (small percentage of L&H is sometimes acceptable)
9) Trustees Professional Liability
- Minimum Premium: $3,500
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