NEXT: Focus COB (Business Consultant Services)
Hello!
I hope you had a great Holiday weekend - This week's focus COB is Business Consultant Services
Appetite Overview:Business consultants provide advice, guidance, and solutions to help clients improve their operations, efficiency, and outcomes. This can include consulting, advising, or implementing tailored strategies.
Eligible Lines of Business:BOP, GL, CP, PL, and Umbrella (availability varies by state – check Appetite Checker for details).
Key Endorsements:
· Business Consulting Services Endorsement (PL)
· Crisis Management Expenses – $50k aggregate (PL)
· Contingent Bodily Injury & Property Damage – $1M per occurrence (PL)
· EPLI – $50k aggregate (GL/BOP)
· HNOA – up to $1M (GL/BOP)
· Cyber Coverage – $50k aggregate (GL/BOP)
Ineligible Risks:
· Sales representatives, aerospace, law enforcement, environmental, or gambling consultants
· Accounts with 3+ claims in the last 3 years
· More than 20 employees, including owner (PL)
Performance Snapshot:
· Average premium: $596
· PL bind ratio: 41%
· Quote success rate: 88%
NEXT is competitive in this space - write your next consultant with us
I've attached a PDF for you to reference. Let me know if you need anything!
Thanks - Brandon
Brandon Duffy
Central Territory Sales Manager
Cell: 614-530-5197