Stuckey & Company to Host Free Agent Webinar on E&O Insurance for Real Estate Professionals

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Stuckey & Company, a leading provider of professional liability insurance programs for niche industries, has announced a free webinar on Thursday, December 9, 2010 at 2:30pm CST.

Stuckey & Company's free webinar is open to all insurance agents who wish to learn more about Stuckey & Company’s professional liability insurance coverage for real estate professionals. During the webinar, Matt Skoviera and Brent Rothgeb of Travelers Professional Liability Division will provide agents with valuable coverage details about Travelers’ 1st Choice+ errors and omissions for the real estate industry. Skoviera has over 11 years experience in the insurance industry and has twice been appointed Travelers’ exhibitor to the National Association of Realtors. Rothgeb has been with Travelers in Real Estate since 2008 and previously worked in the title insurance industry.

According to Dwight Stuckey, President and CEO of Stuckey & Company, real estate firms face unique risks since they often have part-time employees who work in relatively unsupervised positions. Another complicating factor is that many people are emotionally involved in the sale and purchase of properties they live in, and if anything about the real estate transaction fails to go smoothly, they want to blame the people they hired to oversee that transaction.

“In today’s market with so many short sales and foreclosures, real estate professionals face more challenges getting everyone to the table to close on deals,” Stuckey says. “Even if the real estate agent performs their duties correctly, sales can fall through or other problems can emerge even after a successful closing date. Real estate firms need professional liability coverage to protect them from suits they may face even when they performed their job expertly.”

Stuckey says another benefit of the Travelers’ 1st Choice+ program is the Network and Information Security Offense Coverage that covers transmission of a computer virus or malicious code, as well as failure to protect unauthorized access to personal data. “The real estate profession has embraced technology as a valuable tool in expediting the marketing of properties,” he says. “This program provides the E&O coverage to protect real estate professionals from risks associated with those technologies.”

The Professional Lines department of Stuckey & Company is focused on offering competitively priced products for small to midsized companies. Stuckey’s in-house authority and fast turnaround gives independent agents the tools they need to get a quote to their clients quickly.

When analyzing the risks faced by a particular real estate firm, Stuckey & Company’s underwriting team will look at the experience and professional qualifications of the agents who work for it; the types and size of the clients it serves, as well as the average transaction size; its employee supervision and risk management policies and procedures; and its loss history, including the severity and frequency of claims. “This webinar will be a great way for independent agents to learn what goes into the rating system for real estate firms, and we expect a lot of great questions from participants,” Stuckey says.

The webinar is free, and agents can register any time before the webinar begins at 2:30pm CST on Thursday, December 9 by going to https://www2.gotomeeting.com/register/789151042.

About Stuckey & Company
Stuckey & Company is a specialty insurance provider based in Lake St. Louis, Missouri. For 20 years, Stuckey has offered commercial, professional and personal lines of insurance. Stuckey & Company’s network of more than 8,000 licensed agents has the knowledge and experience in dealing with specific coverage not typically covered under standard policies. As one of the fastest-growing specialty insurance providers in the U.S., Stuckey & Company offers E&O coverage to over 300 classes in sectors that include technology and IT consulting, accounting and financial services, government services, media, laboratories and education. Coverage limits are available for many risks up to $5 million. The company also offers a variety of standard policies. For information on any of the Tek Division programs from Stuckey & Company, call 1-800-828-3452 and ask for Dwight Stuckey.

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Marny Bielefeldt
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