The enhanced website still makes requesting hazard insurance easy while giving you up to $1,000,000 per property immediate binding authority, pro-rata refunds and quality customer service and support.  One of the key enhancements to the website is the addition of FLOOD COVERAGE.

 The launch date for this site is April 30, 2012.

 Your current user names and passwords will remain the same. On April 30th feel free to login and look around. You will find the basic steps to add a property have not changed.

For more information please contact us at 1-888-685-8442

Lee & Mason is pleased to announce the acquisition of Matterhorn Financial Services, Inc., effective April 1, 2012. This partnership combines two market leaders that specialize in providing risk management insurance products and services to the financial institution industry.

Matterhorn’s Timonium, Maryland operation will continue to operate as an integral part of Lee & Mason, providing service and support to its extensive client and agent base. “We are confident that Matterhorn will help Lee & Mason continue to grow and strengthen our core competencies,” stated Colvin “Gregg” Ryan, President of Lee & Mason.

Lee & Mason can now offer previously unavailable programs to Matterhorn agents using a variety of ‘A’ rated carriers.  These key lines of business include:

• Blanket Lender’s Single Interest (LSI) or Vendors Single Interest (VSI)
• Insurance Tracking and Collateral Protection Insurance (CPI)
• Gap Coverage for Auto Lending and Leasing
• Lender-Placed Mortgage Hazard Coverage
• Blanket Mortgage Hazard Coverage Protection
• Mortgage Impairment
• Flood Coverage
• Credit Life and Disability/Debt Protection
• Agents & Brokers Professional Liability

For any questions about this new partnership, please contact Craig Vermost at cvermost@leeandmason.com.

Sheila Eskue was named Surplus Lines Underwriting Manager and Producer of Lee & Mason Financial Services on March 1^st. Sheila  has worked in the Property and Casualty industry for over 25 years and comes to Lee & Mason with a wealth of knowledge, as well as her CIC, CMIP, CPIA and AAI designations.  She has spent the last ten years working as Vice President of Commercial Wholesale for National Marine Insurance Wholesalers.  During that time, she was responsible for expanding the company’s business to all fifty states, working directly with the agents and oversaw the hiring and development of staff to help increase many business lines.

As Lee & Mason’s Surplus Lines Underwriting Manager, Sheila will assist in increasing our Excess & Surplus line business by working with our agents and customers directly on a daily basis.  She will also help administer the transition of all future acquisitions in this field.  Sheila will work out of our Kentucky office.

Diana Hill has been promoted to Assistant Vice President and Manager of Lee & Mason’s MortgageHazard.com program, effective February 1^st.  Diana has been with Lee & Mason since 2010 and in less than 2 years has become an integral part of our staff and management team.  President Colvin “Gregg” Ryan has said “The promotion wouldn’t be given if it wasn’t deserved.  We are excited to have Diana on board, managing this important product line for Lee & Mason.”

Diana is in charge of the “day to day” management of our MortgageHazard.com website and support staff.  She is also responsible for establishing service and customer care standards and new procedures for all of our customers.  Her other responsibilities include data and premium transfers for multiple carriers, creating training programs for new customers and troubleshooting any unique requests from our clients.  She has played an integral role in creating the upgrades and enhancements to our MortgageHazard.com website, which is set for release on May 1^st.  MortgageHazard.com will soon allow our customers to add flood coverage when needed and make the overall coverage process quicker and simpler.

Lee & Mason Financial Services Increases Limits to $10 Million on Insurance Agent and Broker Professional Liability Coverages

NEW YORK--(BUSINESS WIRE)--Lee & Mason Financial Services, Inc., provider of one of the most comprehensive programs for Insurance Agents Errors and Omissions in the marketplace, recently increased their E & O limits from $5 million to $10 million.

“The additional limits demonstrate our commitment to serving the Errors and Omissions insurance needs of Property and Casualty Agents, Wholesalers, MGA’s and Program Administrators,” said Lee & Mason Senior Vice President Ray Wahl. “It also allows us to better meet the needs of our clients and brokers by supporting more of their business.”

Insurance Agents E&O, with limits of up to $10 million, are available on either a primary or an excess basis, and minimum premiums generally start around $4,000 ($7,500 in CA and TX). Coverage is available on an admitted basis in most states.

For further information about Insurance Agents and Brokers Professional Liability coverages, call Linda Blechman at Lee & Mason at 860-677-0500 ext. 404, email lindab@leeandmason.com or visit www.leeandmason.com.
Lee & Mason Partners with Freedom Specialty Insurance Company on their Agents E & O programs. Freedom Specialty is an A+XV rated premier New York-based operation providing superior risk management solutions and personalized service in specialty liability insurance.

About Freedom Specialty
Freedom Specialty Insurance Company is owned by Scottsdale Insurance Company, a wholly owned subsidiary of Nationwide Mutual Insurance Company, headquartered in Columbus, Ohio. Visit www.freedomspecialtyins.com to learn more about Freedom Specialty, or call Craig Landi at 212-329-6901.

About Lee & Mason
Lee & Mason Financial Services, Inc. is a leading provider of Insurance Agents Errors & Omissions coverage. With more than 90 years of combined underwriting experience, they have the expertise to offer coverage customized to the individual needs of each insured.

Lee & Mason operates as a full-service program administrator, handling underwriting, quoting and binding, policy issuance, premium collection and complete claim reporting.

Risk Management services hotline now available for Lee & Mason insurance agent/broker professional liability insureds

Hotline can help resolve issues before they become claims

NEW YORK – In this volatile litigation environment, it seems that any type of error or omission by an insurance agent or broker can result in a claim or lawsuit.  Quick access to legal resources can help in resolving issues before they become claims and prevent errors that can result in claims.

This was the reasoning behind the launch of a confidential, free risk management hotline. The service is offered through Freedom Specialty, a Scottsdale Insurance Company operation, and is available exclusively to policyholders written through Freedom Specialty’s insurance agent/broker professional liability program with Lee & Mason Financial Services, Inc.

“Our job is more than just providing financial protection in the event of a claim. We also provide peace of mind,” John Lopes, Freedom Specialty vice president said. “One way we are trying to do that is through this hotline. It gives our policyholders access to real people who can give them free, professional consultations quickly.”

In addition to the consultation service, a free library of risk management articles, alerts and a best practices checklist are also available.

For more information about Insurance Agents and Brokers Professional Liability coverages or to learn more about the hotline, call Linda Blechman at Lee & Mason, 860-677-0500 ext. 404 or visit www.leeandmason.com.

About Freedom Specialty
Freedom Specialty is a premier New York based Scottsdale Insurance operation providing superior risk management solutions and personalized service in specialty liability insurance.

Freedom Specialty benefits from Scottsdale’s A+XV rating to provide the financial strength and stability their customers expect and deserve. Scottsdale Insurance Company is a wholly owned subsidiary of Nationwide Mutual Insurance Company, headquartered in Columbus, Ohio. Visit www.freedomspecialtyins.com to learn more or call John Lopes at 212-329-6925.

About Lee & Mason
Lee & Mason Financial Services, Inc. is a leading provider of Insurance Agents Errors & Omissions coverage. With more than 90 years of combined underwriting experience, they have the expertise to offer coverage customized to the individual needs of each insured.
Lee & Mason operates as a full-service program administrator, handling underwriting, quoting and binding, policy issuance, premium collection and complete claim reporting.
 

Lee & Mason announces launch of PDSpeedy.com Lee & Mason announces the launch of PDSpeedy.com: A web-based enrollment system that makes it easy to write physical damage coverage as part of the auto loan when the loan is made.

The system is ideal for non-prime auto finance companies that have many loan applicants who, due to impaired credit, may have trouble getting physical damage coverage as required by the loan agreement. The borrower can purchase liability only coverage in order to get the vehicle titled and registered, while the lender simply adds the physical damage coverage into his/her monthly loan payments.

Since premiums are paid for on a monthly basis, if the loan goes into default, the lender can quickly cancel coverage on the vehicle loan.  There are no large annual premium amounts to pay for upfront or to await partial refunds of when cancelled.

This coverage can be used together with Blanket Single Interest coverage to provide extra coverage, like Skip, for the entire loan portfolio, and to catch uninsured damage to vehicle loans when the borrower declined to purchase the physical damage coverage or let his/her primary insurance lapse or cancel.

With more vehicle loans carrying physical damage coverage at loan inception and for many months thereafter, the Blanket Single Interest policy will remain more stable from a standpoint of coverage and rate per loan charged.

For more info, contact Jim Finnegan 877-562-4311 x402 jim@leeandmason.com

SCOTTSDALE, Ariz. - Freedom Specialty, a Scottsdale Insurance Company operation, is partnering with Lee & Mason Financial Services, Inc. to offer one of the most comprehensive programs for Insurance Agents Errors and Omissions in the marketplace.  

"We are delighted to partner with an organization of the quality and strength of Freedom Specialty,” Lee & Mason Financial Services Senior Vice President Ray Wahl said. “Having the support of this program-oriented operation that also brings the customer focus and A+XV rating of Scottsdale Insurance is a tremendous opportunity for us.” 

Craig Landi, Freedom Specialty Senior Vice President added, “We look forward to combining our financial strength with Lee & Mason’s underwriting expertise to effectively address the E&O needs of Property and Casualty Agents, Life/Health Agents, Wholesalers, MGA’s and Program Administrators.” 

Insurance Agents E&O with limits of up to $5 million are available on either a primary or an excess basis and minimum premiums generally start around $4,000 ($7,500 in CA and TX). Coverage will be available on an admitted basis in most states. 

For further information about Insurance Agents and Brokers Professional Liability coverages, contact Linda Blechman at Lee & Mason at 860-677-0500 ext 404 or visit www.leeandmason.com. 

About Freedom Specialty

Freedom Specialty is a premier New York based Scottsdale Insurance operation providing superior risk management solutions and personalized service in specialty liability insurance.

Freedom Specialty benefits from Scottsdale’s A+XV rating to provide the financial strength and stability their customers expect and deserve. Scottsdale Insurance Company is a wholly owned subsidiary of Nationwide Mutual Insurance Company, headquartered in Columbus, Ohio.

Visit www.freedomspecialtyins.com to learn more about Freedom Specialty, or call John Lopes at 212-329-6925

About Lee & Mason

Lee & Mason Financial Services, Inc. is a leading provider of both Insurance Agents Errors & Omissions and Miscellaneous Professional Liability coverages. With more than 90 years of combined underwriting experience, they have the expertise to offer coverage customized to the individual needs of each insured.

Lee & Mason operates as a full-service program administrator, handling underwriting, quoting and binding, policy issuance, premium collection and complete claim reporting.