Ryan Financial Lines expands IAB E&O program to offer admitted coverage in most US states
By Ashish Tiwari
Aug 19 - (The Insurer) - Ryan Financial Lines, a managing general underwriter in Ryan Specialty Underwriting Managers, on Tuesday said it has expanded its Insurance Agents & Brokers errors and omissions (E&O) program to include an admitted product available across most U.S. states.
The coverage, designed for P&C, personal lines and life and health insurance agencies with annual revenues under $10 million, will be available nationwide except in Connecticut, New York, Alaska and Hawaii, the company said.
Offering limits of up to $5 million, the program includes in-house claims handling, a risk management hotline and optional features such as defense, outside the limits, first-dollar defense and cyber liability sub-limits.
“This expansion allows us to better serve the evolving needs of small and mid-sized insurance agencies nationwide,” said Jamie Bouloux, CEO, Ryan Financial Lines.
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