North Point's Brokerage News

Did you know that North Point Underwriters has a brokerage department?  We have some of the top rated markets for Property & Casualty business and are eager to place your accounts.  We have expanded our brokerage products extensively over the past few years, and we now need your help.  Please send us all your brokerage accounts and give us a try!  You’ll receive access to some of the industry’s top markets, while still receiving that personal and responsive service you have become accustomed with our Binding Products. 

Here are some suggestions/guidelines to help expedite the submission process. 

• We will accept submission no more than 100 days from effective date.
• Submission should be complete including acord application, supplementals (when needed), SOV in excel format, loss runs and other pertinent information as needed..
• Target Terms and Premiums are always helpful. 

Please contact your underwriter or Jason Marshall with any questions or if you need to discuss an account.

By: Jason Marshall, ASLI, AU, Assistant Vice President - Brokerage Property & Casualty

The Professional Point

Much like other professionals, insurance agents & brokers are not immune from lawsuits.  That is why it is important that your agency has broad errors & omissions coverage with sufficient limits to protect itself from the inevitable claim.  North Point Underwriters has many markets that provide errors & omissions coverage for insurance professionals.  We have placed coverage for many insurance agencies recently so if your expiration date is approaching please send us your application & we will be happy to shop the marketplace for you.  You might be surprised to know that we even have markets that can compete with some of the association programs.

Remember that insurance agencies also have a big privacy exposure so it is important that your agency purchase a separate privacy/data breach policy.  North Point Underwriters has several carriers that provide this coverage for insurance related firms so please contact us for an application or more information.