Novatae Risk Group, a managing general agency, program manager and wholesale brokerage, said it has launched its new miscellaneous professional liability program with a focus on fast quoting for brokers and exceptional claim service for insureds.
With underwriting handled in-house by Dallas-based Novatae, the program is designed to meet the diverse needs of professionals with revenues up to $5 million. Coverage is available in all 50 states with multiple deductible options and for more than 800 classes.
“We saw an obvious need in the market for a tailored solution specifically for the unique risks faced by consultants, services providers and professionals,” said Daniel Ginden, managing director, program development for Novatae.
Ginden said premiums start at $350. Quoting and binding began November 1, 2024.
Topics New Markets Liability
Was this article valuable?
Here are more articles you may enjoy.
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud
Business Interruption Claims Arising From the Middle East Conflict
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive
Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes 

