Swiss Re Offers New Excess Liability Plan

Swiss Re’s Commercial Insurance announced the national launch of its Excess Liability coverage for Insurance Agents and Brokers Professional Liability. Eligible risks include agencies with primary coverage through various errors and omissions carriers. Policies are written on non-admitted paper from First Specialty Insurance Corporation, and are backed by Swiss Re’s financial strength and A+ (Superior) A.M. Best rating. First Specialty products are available only through licensed surplus lines brokers. For those seeking to apply for this coverage, refer to www.independentagent.com/eocontact for your local IIABA E&O contact. All applications for this product must be submitted through the Big I Markets, just like the primary non-admitted product offered through the Big “I” program. All underwriting authority for this product remains with Swiss Re subsidiary First Specialty.