Security Broker/Dealer Errors & Omissions
Broker/Dealer E&O Insurance is not a “one size fits all” proposition. Each brokerage firm faces unique exposures, and the policy forms vary widely from insurance company to insurance company. Coverage can and should be tailored to the specific activities and exposures of each broker/dealer firm. Having an insurance professional specifically representing your interests to the insurance company is a must to ensure a quality program. Representing firms throughout the country, of all sizes, The Daniel & Henry Co. has been providing consultative insurance services to Security Broker/Dealers for over 13 years.
Let us conduct a formal review of your current E&O program. We will provide you with a straightforward analysis of the current policy, and offer substantive recommendations on coverage improvements. Obviously, we want you to work with us, but if you choose not to do so, you have our recommendations to act upon as you see fit.
For additional information, contact Conrad M. Deneault, Jr., CIC at 866.284.5261, via email at firstname.lastname@example.org.
- Insurance Solutions
More insurance companies are currently offering Broker/Dealer E&O coverage than at any point in history. The increased competition has resulted in extremely competitive pricing, and coverage availability for historically difficult exposures, including:
- Direct Participation Programs (LPs, REITs, TICs, etc.)
- Investment Banking/M&A
- Life Settlements
- Hedge Funds
- Managed Futures
- Regulatory Claims
- Investment Advisory Only Personnel
- Selling Away
- Outside RIA
- Outside Fixed Product Sales
- New York Representatives
In the past, coverage for many of these activities has been difficult, if not impossible, to obtain. If your firm has any of the above exposures, and they are not covered by the current E&O policy, they should be.
Larger Firms – You now have more options than ever before.
Small Firms – You now have options, where none previously existed.
- Errors & Omissions Newsletters
To view a newsletter, click on the appropriate link below.
Facts & Circumstances Reporting
Claims-Made and Reported Policies
How The Claims Process Works
2010 E&O Claim & Renewal Premium Trends
Common Representative Questions
Inadequate Policy Limits
E&O as a Recruiting and Retention Tool
Hybrid Advisors – E&O Coverage and Outside RIA
- In The News
To view the news events, click on the appropriate link below.
E&O Underwrites Screen Alt Products