Protective Specialty Insurance Co. has launched a pair of new errors and omissions products for insurance agents. One product will cater to life insurance agents, and the other will be tailored to property/casualty agents.
Both products are designed for retailers, wholesalers, managing general agencies and managing general underwriters with annual revenues to $75 million.
Insureds will also receive pre-claim assistance from Traub Lieberman Strauss and Shrewsberry LLC, an insurance defense law firm.
The company considers both these new products an important step in its plan to grow a broad product-based professional liability division. Protective Specialty also offers professional liability coverage for miscellaneous risks, real estate, architects and engineers, technology and lawyers.
The Indianapolis-based Protective Specialty is a subsidiary of Protective Insurance Co., which is rated A+ by A.M. Best. Protective Insurance Co. is a member of Baldwin & Lyons, Inc.