Business Risk Partners & QBE Specialty Insurance Launch D&O Products Targeted At Small and Middle Market Firms

Business Risk Partners and QBE Specialty Insurance are pleased to announce the launch of two new insurance products: Private Accord and Excess Guardian. Private Accord is a Directors and Officers liability package product for small and middle market firms. Offering D&O liability coverage as well as Employment Practices Liability Insurance and Fiduciary Liability coverage, it’s available for commercial companies with revenues up to $200 million and with an employee count up to 2,000. Excess Guardian is a new, innovative umbrella product designed to provide excess over Private Accord and other specialty coverages. Excess Guardian provides insureds with seamless excess protection in an efficient, cost-effective manner.

Business Risk Partners (BRP) has already established itself as a leading provider of Errors and Omissions (E&O) insurance protection for middle market businesses distributed through wholesalers nationwide. QBE the America’s financial strength and underwriting management partnered with the underwriting expertise, distribution, and world-class service of BRP, offers a powerful combination.

“Small and middle market firms are facing increased exposures to litigation, particularly in the employment field. These firms may not have the resources to manage the complex litigation stemming from these areas. These products offer economic protection in a comprehensive, simplified manner that allows business owners to focus on the task of running their enterprise,” commented Lisa Doherty, President of Business Risk Partners.

Laurie Banez Lopes, Senior Vice President and Management and Professional Liability Practice Leader for QBE Specialty Insurance noted, “QBE is committed to delivering comprehensive, specialized management liability products that are backed by our strong underwriting expertise, financial strength and claims paying ability. The needs of the middle market insured are not always met by the broader marketplace. By developing a tailored product, with a flexible approach to coverage selection and limit options, we believe that these product offerings allow our insureds and agents to structure an insurance program that delivers their insurance coverage needs. BRP’s established presence in this segment and commitment to service will give agents a quality product offering for their clients.”

The policies are available immediately nationwide on a non-admitted basis. Filings are underway to offer the coverages on an admitted basis. Capacity of up to $5,000,000 is available. Product details, as well as an application for coverage, can be found at www.BusinessRiskPartners.com

About QBE the Americas
QBE the Americas is a division of Australia’s QBE Insurance Group Ltd, one of the top 25 insurers and reinsurers worldwide. The Americas division, headquartered in New York, is a leading North and South American insurer and reinsurer. The division conducts business through various property and casualty insurance subsidiaries in eight countries.

About Business Risk Partners
Business Risk Partners (BRP) is a specialty insurance underwriter providing professional and management liability solutions nationally to middle market insureds. Working directly with insurance wholesalers, BRP provides responsive service and quality products through its team of experienced underwriting professionals, cutting-edge technology, and partnerships with leading insurance carriers. BRP is located in Windsor, CT. For more information visit, www.BusinessRiskPartners.com.

Contact:
Business Risk Partners
Jane Rohman, 413-848-1407
jr@janerohman.com

QBE the Americas
Tom French, 608-825-5674
Tom.French@qbeamericas.com