Insurance Brokers/Agents Professional Liability

Novus assists our agencies in placing their Insurance Agency/Brokerage clients throughout the Country and World (through our London arm). We have several brokerage markets as well as an in-house facility to easily place your IBA clients. 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.

Register Here To Become Appointed Wholesale Broker Access

Available Class Codes:

  • Small to Mid-Size Insurance Agencies & Brokerages
  • Captives
  • Risk Retention Groups
  • Reinsurance Agencies
  • Insurance Companies
  • Managing General Agencies
  • Wholesalers
  • Top 100 Insurance Agencies
  • Life & Health Agencies
  • Third Party Administrators
  • Program Administrators
  • Aviation Agencies
  • Long Haul Trucking Insurance Agencies
  • Fidelity & Surety Agencies
  • Crop/Hail Agencies
  • Agencies with Revenue in excess of 25M

Available Coverages:

  • Bespoke Customized Policy
  • Expansive Definitions of Professional Services
  • Duty to Defend
  • Full Retroactive Coverage available
  • Cyber Endorsements available
  • Intellectual Property endorsements available
  • General Liability and Property Endorsements available
  • Hundreds of Others Classes

Geographical Area: Nationwide

Submission Requirements: IBA PL Application; Loss Runs.

Placement Process: For Larger Firms, we will look to place a primary layer policy on a quota share basis and then look for excess layers to the request top limit needed.

Minimum Premium: $750+

Minimum Deductible: $1,000 +

Maximum Limit of Liability: $300,000,000 (can be increased on a case-by-case basis)

Submission Process: Via online quoting platform or [email protected]

London Submissions: To access the International London market for larger submissions and on a quota share basis, please submit to [email protected]