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Posted on 13 Dec 05
Storefront owner Target Insurance Services http://www.programbusiness.com/tracking/sftracker.asp?Sfid=254 is pleased to announce the expansion of their E & O Program for Accountants. Previously available only to Accountants with up to $5 million in revenues, the program is now open to those with revenues up to $15 million. In addition, customers can now choose policy limits up to $10 million.
The Accountants E & O Program is underwritten by Firemans Fund Specialty, rated A (or “Excellent”) in Category XV by A.M. Best. Coverage is written on an admitted basis and is currently available in Midwest and Western states: AK, AL, AR, AZ, CA, CO, HI, IA, ID, IL, KS, LA, MN, MO, MS, MT, NE, NM, NV, ND, OK, OR, SD, TX, UT, WA, WI, WY.
According to Wayne Carter, CEO, “Target is very excited about the ability to broaden our scope for this very important market segment. The features and benefits included in the Firemans Fund Accountants E & O policy are outstanding, and weve been extremely pleased with the results of this partnership.”
Features of the Firemans Fund Specialty policy include:
-Automatic inclusion of predecessor and successor
-Ability to extend coverage through a choice of 4 Extended Reporting Periods
-Terrorism coverage at no additional premium
Says Ronald Parisi, FFIC Product Director, Accountants, “We pride ourselves on offering additional value to our customers, and weve built several great benefits into our Accountants policy: a Pre-claim Hotline staffed by independent professionals, a Risk Management Program, available only to policyholders, and up to 12 hours continuing education at no cost to the customer. Value additions are one of the ways in which our policies are distinguished from our competitors.”
For more details about Targets Accountants E & O Program, visit their storefront at http://www.programbusiness.com/tracking/sftracker.asp?Sfid=254. Questions and requests for quotes should be directed to Beth Graham: 800-692-5752, Ext. 236, or bgraham@target-capital.com. Target Insurance Services is headquartered in Avon, Connecticut with a branch office in Naperville, IL. It is one of the nation's fastest growing Managing General Underwriters, with specialty insurance programs for Accountants, Home Inspectors, Lawyers, and Staffing & Recruitment Firms. Target offers Miscellaneous E & O, as well. Through its underwriting partnerships with A rated carriers, as well as independent agents & brokers, Target provides property and casualty and professional liability insurance programs across the country.
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