Excess Professional Liability

Novus can assist your agency in obtaining excess professional liability policies to go over the primary professional liability policies. To obtain a quote, please log into the underwriting platform and upload a full submissions and one of our in-house underwriters will facilitate the quoting process.

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Classes of Coverage:

  • Directors & Officers Liability
  • Professional Liability
  • Cyber Liability
  • Miscellaneous E&O
  • Fiduciary Liability
  • Warehouse Legal Liability
  • Third Party Cargo Legal Liability
  • Mergers & Acquisitions
  • Many more classes available as well!

Geographical Area: Nationwide

Submission Requirements: Primary Policy/Quotation; Application Used to obtain Primary Layer Quote; Loss Runs.

Placement Process: For Larger Firms with high excess layers, we will look to place a lead excess layer policy on a quota share basis and then look for higher excess layers over our lead excess policy/quotation

Minimum Premium: $500+

Minimum Deductible: $Nil +

Maximum Limit of Liability: $1,000,000,000 (can be increased on a case-by-case basis)

Submission Process: Via online quoting platform or submissions@novusunderwriters.com

London Submissions: To access the International London market for larger submissions and on a quota share basis, please submit to london@novusunderwriters.com