The excess policy provides follow-form coverage on professional liability coverage with limits up to $5 million and a minimum attachment point of $500,000.
PRODUCT: Excess Professional Liability Program.
COMPANIES: Atain Specialty Insurance Co.
BEST RATING: A
AVAILABILITY: Exclusively available to agents and brokers appointed with Vanguard Specialty.
FOCUS: Recently, Atain Insurance Companies announced it would provide capacity to Vanguard Specialty for an excess professional liability program with limits up to $5 million.
“We are excited to work with Vanguard Specialty and deliver a new program that directly addresses a marketplace need," said Chris Zoidis, president & CEO, Atain Insurance Companies. “Given Atain's significant capital position, we expect to continue seeking select opportunities where Atain's capacity can support a highly specialized solution."
Atain is an admitted and nonadmitted property & casualty insurance company dedicated to serving niche programs and excess & surplus markets. Licensed in 50 states, Atain underwrites numerous lines of business, including professional liability, general liability and commercial multi-peril risks.
“Our clients have been asking for a new excess professional liability solution, and we are pleased to deliver such a comprehensive offering in partnership with Atain," said Randy Mrozowicz, managing director, Vanguard Specialty. “We look forward to working with Atain on additional opportunities where our expertise meets their appetite."
Atain's partnership with Vanguard Specialty marks the second relationship for Atain. In 2024, Atain partnered with Vikco Insurance Services LLC on a difference in conditions earthquake program across seven U.S. states.
COVERAGE DETAILS: The excess policy provides follow-form coverage on professional liability coverage with limits up to $5 million. The minimum attachment point is $500,000. Prior acts coverage, midterm increases and specific contract coverage are available.
UNDERWRITING: Submissions must include a completed primary application, current loss runs and the primary quote or current policy.
AVAILABILITY: Available in all states except New York and Missouri.
TARGET: The program will provide excess capacity for lawyers, insurance agents and brokers, real estate agents, title agents, property managers, collection agencies and home inspectors.
CONTACT: Randy Mrozowicz, managing director, Vanguard Specialty.
Will Jones is IA editor-in-chief.
