| Programs

ACPRO®—Assurance Company Protector

Quadrant recognizes the need for insurance options in the insurance company sector and offers a product with competitive coverage and pricing. Become part of the Quadrant exclusive Insurance Company Management and Professional Liability family.

Since 2004 we have specialized in writing management and professional liability for insurance companies. ACPRO is Quadrant’s exclusive product written via Verve Risk Services Ltd., a Lloyds MGA. We strive to add value through our approach and understanding of each risk while doing our best to be responsive, answer your questions, and find solutions to your insurance needs. We look for insurance companies that are seeking a home for their management and professional liability, where all parties become part of our team of trusted partners.

Coverages

• Directors & Officers Liability
• Professional Liability
• Employment Practices Liability
• Fiduciary Liability
• Primary and Excess limits

Highlights

• Limits starting at $1M
• Experienced underwriting & claims handling
• Individualized submission review & collaborative process
• Can write financially solvent unrated and/or Demotech rated carriers
• Coverages can be combined or purchased on a standalone basis
• Multiple wholesale markets available and can be used to structure excess layers

Target Classes

• Privately held, rated or non-rated, stock or mutual insurance companies
• Property & Casualty
• May consider Life, Accident & Health
• Alternative Risk Transfer Companies (A.R.T.):
  • Captives
  • Risk Retention Groups (RRGs)
  • Reciprocals, Exchanges & Trusts
  • Combination firms such as an MGA with insurance company administration/management & claims handling packaged

Submission Guidelines

• Completed application
  • Typically we can work from a competitor’s application or you can contact us for a new application.
• Loss history
  • 3-5 full years of carrier loss runs, currently valued
• Claims details
  • Summary of what happened, when, what was paid/by whom, current status, and corrective actions taken. Or complete and submit claim supplement.
• Financials may be required
• Define the opportunity
  • Who is the current carrier? Is incumbent offering renewal terms? If no, why not? If yes, why is insured marketing it? To whom is it being marketed? Are there any special concerns?
• Current and desired premium/deductible/limits
• Coverages needed and any special coverage requests
• Effective date
• Quote need-by date
• Other coverages that the insured may be interested in
• Send submission to submissions@quadrant-us.com
• If you have any questions, please feel free to contact us at: 614.841.1425 and ask for a producer.