The Private Accord SM Solution

Today, D&O, EPL and Fiduciary liabilities don’t look the same as they did even just six months ago! The coverages and enhancements are ever changing, making it difficult for Agents and Policyholders to keep up with the best products and coverages available. Business Risk Partners offers the solution: Private Accord, a packaged Director’s and Officer’s Liability, Employment Practices and Fiduciary Liability insurance product.

How is Private Accord different from the rest?

Business Risk Partners (BRP) has solved this problem by assembling all of the latest coverage enhancements into one product, at a very reasonable price.

Private Accord is the result of BRP’s full review of the best forms and endorsements available in the marketplace today. Insureds can rest assured that the policy will respond exactly when they need it the most.

Private Accord offers insureds choice of:

Directors & Officers Liability • Employment Practices Liability •  Fiduciary Liability

Some coverage enhancements (subject to underwriting guidelines and approval) include:

• Non-Rescindable A, B, & C side D&O coverage
• Wage & Hour $100,000 defense sublimit for select classes
• Pollution: Side A & derivative suit coverage
• Derivative Demand Investigative Costs $250,000 sublimit
• Intellectual Property coverage for Insured Persons & derivative suit’s
• FULL retention credits if “no liability” is found
• IPO “Road Show” coverage
• Partnership Liability for unique LP & GP structures
• Tenant Discrimination Liability on EPL for Property Managers
• Union strike & lockout exclusion deleted
• 100% Defense Allocation

Insureds can customize their selections through Separate Limits, or Combined Aggregate Limits with generous credits for purchasing multiple coverages!

And, as part of every Private Accord policy:

• $0 (nil) retentions available on D&O & Fiduciary with purchase of EPL.
• D&O Non-Rescindable Side A coverage
• Order of payments provision for Clauses’ A & B
• Coverage for security holder derivative demands and bankruptcy trustees
• EPL automatically includes 3rd party liability
• Claim includes demands for non-monetary relief
• Duty to defend
• 80/20 hammer clause
• Bi-lateral predetermined 1 & 2 year ERPs
• Spousal and Domestic Partners extension
• No anti-trust exclusion
  

Private Accord is now available on an ADMITTED basis in most states. All 50 are anticipated soon. It is available for privately held companies — with assets up to $200,000,000 and 2,000 employees — at limits of up to $5,000,000.

BRP understands the issues facing middle-market businesses and has established itself as a quality provider of specialty insurance products. Its partnership with an “A” (excellent) rated Insurance Carrier in the management liability arena has helped them expand offerings to better serve agents. The financial strength and underwriting management, coupled with the underwriting expertise, distribution and world-class service of BRP offers a powerful combination!

Visit www.businessriskpartners.com and click on the D&O link for more information and to download applications for coverage.

For further information contact: