New E&O Program for RIA in a Box® Clients Available
Lakewood Ranch, FL (PRWEB) January 10, 2017 -- Gallagher Affinity has partnered with RIA in a Box® to offer an exclusive Errors & Omissions (E&O) program with preferred pricing. The program is available to RIA in a Box clients through Gallagher Affinity’s 360 Coverage Pros platform. Designed to meet the professional liability needs of both individual RIAs as well as RIA firms, this E&O program features competitive rates and comprehensive coverage options. The policy is a duty to defend contract underwritten by CNA Insurance Company, rated A (Excellent) XV by A.M. Best.
“The RIA in a Box E&O program streamlines the E&O process for RIAs with a simplified underwriting application, online premium payment and instant certificates of insurance,” states Jason Rogers, Vice President of Gallagher Affinity. “The program's $1,117 starting rate is very competitive and from a coverage perspective, the RIA in a Box E&O program has many additional policy enhancements including coverage for alternative investments and the ability to add cyber liability coverage. We are excited to introduce this to RIA in a Box clients and feel we have delivered a well-rounded E&O product offering.”
"As the RIA industry continues to evolve and grow, there is no question that proactively managing a firm’s risk exposures is key. E&O insurance has become a critical tool for every firm’s compliance and regulatory practice management. We felt that offering our clients an integrated E&O solution was an important value-added benefit” said Chris DiTata, Vice President and General Counsel of RIA in a Box. “We are excited to have partnered with Gallagher Affinity to provide our clients access to a well-versed E&O insurance expert. We are looking forward to not only launching this E&O program, but also adding additional client resources in the coming months.”
Program features include:
• Duty to defend contract
• Coverage for both individual RIAs as well as RIA firms
• Premiums starting as low as $1,117
• Coverage extensions for clerical and administrative staff
• Multiple limit and coverage options to choose from
• Life Insurance Agent added at no additional costs
• Flexible payment options
Learn more about this program by visiting https://www.360coveragepros.com/riab/errors-and-omissions.
About Gallagher Affinity
Since 1989, Gallagher Affinity has been a trusted provider of professional liability insurance for financial professionals. Gallagher Affinity has a unique understanding of the new and complex liability exposures facing financial professionals and impacting their practices.
Matt Casella, Gallagher Affinity, http://www.gallagher-affinity.com, +1 (941) 907-2858, [email protected]
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