Allianz
E&O Insurance for Your Agency
About Allianz
With decades of experience, Allianz is a dedicated, knowledgeable insurer of insurance agents’ needs – yesterday, today and tomorrow. Rated A+ (Superior) by A.M. Best and written on admitted paper, Allianz has been a long-standing carrier of agents E&O insurance.
Program Features
- Dedicated claims staff focused exclusively on insurance E&O claims
- Up to 10% loss control credits available
- Long-standing market player in agents E&O
- Coverage for the sale of both property & casualty and life & health agents
- Choice of three endorsements for sale of financial services products
- Broad definition of covered professional services and activities
- Aggregate deductible applies
- Expert witness testimony covered
- Broad definition of “who is an insured”
- Retroactive coverage and multiple extended reporting periods offered
- Defense cost in addition to limits of liability
- Three-tiered employment practices liability offered by endorsement
- $10,000/$30,000 catastrophe claims extra expense included with no additional premium
- $35,000 regulatory investigation defense expense coverage per policy
- Up to 60 days after end of policy period to report claims and purchase extended reporting provision