Excess E&O Liability/Umbrella

IIAT Advantage offers Umbrella/Excess E&O coverage through Pennsylvania National Mutual Casualty Insurance Company/"Penn National" (rated "A-" by Best).

The Umbrella Program offers the most comprehensive and affordable excess insurance protection available, packaged into one easy-to-manage policy. Most importantly, the umbrella can extend excess coverage for underlying insurance agents/agency's professional liability policies.

Coverage Highlights and Availability

Coverage is available up to $10 million for commercial and professional liability. (Higher limits may be available.)

Core coverage includes:

  1. Business Operations - Broadened coverage and excess limits protection for agent/agency's business and employees for liability incurred as a result of normal business activities. The policy provides coverage over an agency's CGL or Business Owners, Employers Liability and Commercial Auto.

    Coverage features include:
    1. Personal Injury
    2. Libel, Slander and Advertising Offense
    3. First Dollar Legal Defense provided for claims not covered by underlying insurance
  2. Professional Liability - Excess limits protection on a following-form basis for errors and omissions in the course of the agency's business as an insurance professional. Coverage can be written over occurrence or claims-made forms of a variety of primary E&O carriers. (If primary E&O coverage is not provided by IIAT Insurance Agency, submit a copy of the underlying E&O application.)

    Coverage features include on a following- form basis:
    1. Full Prior-Acts Coverage (if eligible)
    2. Covers any person acting in a capacity as a real estate agent (submit a copy of underlying real estate E&O application, if not provided by IIAT Insurance Agency) or notary.

Option unique to this program

Employment Practices Liability - Excess limits protection on a following-form basis, for liability incurred by named insured and/or employees for wrongful employment practices.Coverage can be written on a claims-made basis over a number of approved EPL carriers. Maximum available as a sub-limit is $2,000,000. (Submit a copy of underlying EPL application, if not provided by IIAT Insurance Agency)

Underlying Policy Details

Below are minimum underlying limit requirements:

Commerical General Liability Simplified ISO Occurrence or Claims-made form

  • $1,000,000 General Aggregate
  • $1,000,000 Products/Completed Operations Aggregate
  • $500,000 Each Occurrence
  • $500,000 Personal/Advertising Injury
  • $50,000 Fire Damage Limit
  • $5,000 Medical Expense Limit

Business Owners

  • $500,000 CSL - For agency with 9 or fewer employees
  • $1,000,000 CSL - For agency with 10 or more employees

Commerical Automobile Liability

  • $500,000 CSL - 0 to 5 vehicles
  • $1,000,000 CSL - 6 or more vehicles

Employers' Liability

  • Bodily Injury By Accident - $100,000 Each Accident
  • Bodily Injury By Disease - $500,000 Policy Limit / $100,000 Each Employee

Errors and Omissions

$0-$1,500,000 Gross Commission Income:

  • $1,000,000 Each Claim
  • $3,000,000 Aggregate

$1,500,001-$3,000,000 Gross Commission Income:

  • $2,000,000 Each Claim
  • $4,000,000 Aggregate

Over $3,000,000 Gross Commission Income:

  • Subject to underwriting

Employment Practices Liability

(Coverage is Subject to Prior Approval)

  • $1,000,000 CSL


(Jet Skis & Wave Runners excluded)

Each Accident or Occurrence

  • $500,000 - Less than 35 feet in length
  • $1,000,000 - More than 35 feet but less than 50 feet in length
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Contact IIAT
Advantage E&O


 Cari_EandO Cari Senefsky
Director of Professional Liability

 E&O Staff 500x700px template_Gunnar K
Gunnar Kephart
E&O Advocate
 E&O Staff 500x700px template_MaryPeyton S
MaryPeyton Sumners, RPLU
E&O Advocate
 Letty Martinez op.2 Letty Martinez
E&O Advocate
 Ryan Luke_Cropped Ryan Luke
E&O Advocate

IIAT Advantage is endorsed by and consideration is paid to the Independent Insurance Agents of Texas. IIAT offers more than just coverage. Revenues generated by the IIAT Services Co. support the education and information needs of all IIAT members.