Lee & Mason Financial Services

  

Agent & Broker Professional Liability Limit Increased to $10 Million

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.



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New Agents E&O Hotline

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.
 


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