QBE North America Announces Updated Agreement with Jorgensen & Company to Provide Small RIAs Errors and Omissions Coverage
01 Aug, 2018, 09:00 ET
NEW YORK, Aug. 1, 2018 /PRNewswire/ -- QBE North America, an integrated specialist insurer and an operating division of QBE Insurance Group Limited, today announced an update to our offering with Jorgensen & Company, a specialist professional liability managing general underwriter. This expanded errors and omissions insurance will be serviced on an admitted basis to small, independent registered investment advisory firms, or RIAs, and registered representatives via a new web-based click and bind program, called AdvisersGold™ Select.
"QBE is pleased to expand our partnership with Jorgensen & Company," said Erin Fry, SVP, Specialty Programs, QBE North America. "This addition to the Programs unit will continue to expand our reach in providing liability coverage to small RIAs, while keeping the customer at the center of what we do."
"This new click and bind program is on the cutting edge of insurtech and provides immediate delivery of comprehensive, affordable coverage to independent RIAs," said Rickard Jorgensen, President of Jorgensen & Company. "The QBE AdvisersGold™ Select program offers expanded coverage features, including fiduciary coverage and social engineering. Optional coverage is available for management liability, cyber liability and product sales."
The Specialty Programs unit, part of QBE Specialty, partners with MGA/MGU program administrators to underwrite management liability and professional lines for trade associations and affinity groups. QBE Specialty underwrites risks across a wide variety of industry sectors and customer segments. These include Aviation, Public Company, Private Company, Commercial Errors & Omissions, Financial Institutions, Healthcare, Media & Entertainment, Trade Credit, Surety and Inland Marine risk for appointed retail and wholesale producers.
Jorgensen & Company is the exclusive source for coverage to small RIA firms via the AdvisersGold™ Select program. Details of the program are available at www.advisersgoldselect.com.
About Jorgensen & Company
Founded in 1994, Jorgensen & Company is a managing general agency that offers professional liability to a diverse selection of professional firms. The small RIA errors and omissions program is branded AdvisersGold™ Select and is written via the Professional Advisers' Purchasing Group, Inc. The program is offered in all states except Alaska. The program website is www.advisersgoldselect.com.
QBE North America, an integrated specialist insurer, is part of QBE Insurance Group Limited, one of the largest insurers and reinsurers worldwide. QBE NA reported Gross Written Premiums in 2017 of $4.6 billion. QBE Insurance Group's 2017 results can be found at www.qbe.com. Headquartered in Sydney, Australia, QBE operates out of 31 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business through its property and casualty insurance subsidiaries. The actual terms and coverage for all lines of business are subject to the language of the policies as issued. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's. Additional information can be found at www.qbe.com/us, or follow QBE North America on Twitter.
SOURCE QBE North America
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