Program administrator Business Risk Partners (BRP) announced today a new and significantly expanded professional liability form for insurance agents and brokers through Aspen American Insurance Company, part of Aspen Insurance Holdings Limited.
BRP is now partnering with Aspen American Insurance Company (ranked A (XV) by A.M. Best) to provide a significantly expanded professional liability policy for insurance agents and brokers. Already admitted in 41 states, with all remaining states to follow, we are ready to place coverage for your Insurance Agents E&O risks.
Business Risk Partners has specialized in writing Insurance Agents E&O for over a decade with a deep understanding of the exposure and unique insurance solutions. Our success has enabled us to broaden our appetite to include smaller agencies with no minimum revenue threshold.
WAGE and HOUR PRACTICES (FLSA) LIABILITY INSURANCE from Business Risk Partners
According to the Wage and Hour Division of the United States Department of Labor, there were over 21,000 cases involving minimum wage and overtime violations in 2017.