Exciting Partnership Between CITA Insurance Services and Ascot
CITA Insurance Services has teamed up with Ascot Insurance Company to unveil an innovative errors and omissions (E&O) program tailored for real estate agents and brokers. This partnership represents a commitment to providing comprehensive coverage for industry professionals.
What is the New E&O Program?
The new E&O program offers a valuable insurance solution specifically crafted for independent real estate professionals. Targeting agents, brokers, and smaller firms with revenue up to $4 million, and up to $6 million in specific areas, this program prioritizes the unique needs of those focused on residential and commercial real estate.
Key Features of the Program
One of the standout features of this program is its customizable nature, which ensures that agents get the coverage that best fits their unique business practices. Additionally, it includes a personal protection endorsement designed specifically for insured real estate agents, ensuring their peace of mind when navigating professional risks.
Insights from CITA Insurance Services
Nick DeSon, Senior Vice President at CITA Insurance Services, shared his enthusiasm about the program. He emphasized that this E&O coverage is particularly tailored for independent professionals aiming to mitigate risks associated with their work. The collaboration with Ascot enhances the quality and affordability of coverage available in today's market.
Getting More Information
The program is not just about protection; it also fosters a supportive network for real estate professionals. Interested agents and brokers are encouraged to explore the options available through CITA Insurance Services and join their network of distribution partners. The focus on creating a robust support system sets this program apart.
The Companies Behind the Program
CITA Insurance Services is a seasoned player in the insurance field, boasting over three decades of experience. As a division of Brown & Brown Program Insurance Services, CITA is adept at managing customized insurance programs for professionals across the nation. Joining forces with Ascot Insurance Company, known for its stability and diverse insurance portfolio, further strengthens this offering.
About Ascot Insurance Company
Ascot is recognized globally as a leader in insurance and reinsurance, operating with a proven track record over the past two decades. The company's robust portfolio has made it a trusted partner for insurance needs, featuring a solid rating from prominent agencies which attests to its reliability and service quality.
Contact Information for Interested Parties
For those interested in learning more about the E&O program, CITA Insurance Services is readily available to provide further details. With a dedicated team led by Nick DeSon, potential clients can expect a personalized approach to their insurance needs.
Frequently Asked Questions
What does the E&O program cover?
The program provides professional liability coverage tailored to the needs of real estate agents and brokers.
Who is eligible for this insurance?
Agents and brokers with businesses generating up to $4 million in total revenue can apply, with specific conditions for certain locations.
Is customization available in the policy?
Yes, the insurance program is highly customizable to fit the unique needs of individual professionals.
How long has CITA Insurance Services been in business?
CITA Insurance Services has over 30 years of experience in the commercial property and casualty insurance sector.
What makes this program different from others?
The program features a personal protection endorsement and is specifically designed for independent professionals with customizable options.