The broker is most commonly the “agent” of the insured, in the principal/agent sense, and it is within this relationship that most claims arise against the broker. A broker can be sued under several theories, including breach of contract, fraud or misrepresentation; but the most common assertion is common law negligence. Whatever the case may be, we ensure that an insurance agent who has exercised reasonably the duty of skill and care required is protected by the law. This service extends to all insurance intermediaries.
For the benefit of our policyholders whom we are passionate about, we achieve successful results for brokers by
- Providing in-house training on coverage issues and Insurance law
- Policy wording reviews
- Advice on Professional Indemnity exposures
- Review of any declinature received by your policyholders