ORANGE, Calif., Nov. 3, 2015 /PRNewswire/ -- CITA Insurance Services, a Division of Brown & Brown Program Insurance Services Inc., announced today the release of its new Insurance Agents Errors & Omissions program. CITA's new Agents E&O program hits the mark with features including Vanishing and Capped Deductibles, Personal Identity/Cyber Event Coverage (1st Party) , an 80/20 Consent to Settle provision, and many more optional enhancements. A unique feature that the new product offers is a lower deductible for E&O claims arising from business through an agency's top carrier. First year sole practitioners, diversified larger agencies, principals and risk managers alike will be pleased to see the new coverages offered through the Agents E&O Program.
John Jasinski, Chief Marketing Officer of Brown and Brown Program Insurance Services Inc., and Executive Vice President of CITA Insurance Services states, "We developed this product with American Alternative Insurance Corporation (Home office - Princeton, NJ. NAIC No. 19720) to facilitate the needs of insurance agencies of all shapes and sizes with a customizable & affordable solution. We are the only Insurance Agents E&O Program Administrator partnered with American Alternative Insurance Corporation (Home office - Princeton, NJ. NAIC No. 19720). In addition, we are happy to have Lancer Claims Services, a Division of Brown & Brown Program Insurance Services, Inc., join us as our partner for the claims administration."
This new product is currently admitted in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin and Wyoming.
Agents can learn more about CITA's new Insurance Agents E&O product online or by contacting CITA Insurance Services at 888-835-8433.
About American Alternative Insurance Corporation:
American Alternative Insurance Corporation (AAIC) is an A+ rated (AM Best) insurance company domiciled in Delaware. AAIC is a subsidiary of the Munich Re America Corporation, a Delaware holding company. The company, headquartered in Princeton, NJ, is an admitted insurer in all fifty states and the District of Columbia. (NAIC No. 19720).
About CITA Insurance Services:
CITA Insurance Services, a Division of Brown & Brown Program Insurance Services, Inc., is a professional liability insurance industry leading Program Administrator. With over 50 years of proven experience, Brown & Brown Program Insurance Services, Inc., consistently delivers top rated insurance solutions. For more information, visit www.citainsurance.com.
SOURCE CITA Insurance Services