NormanSpencer.com, a nationally recognized insurance services firm, is committed to essential insurance. Byron Spencer, CEO, has 45 years experience in all aspects of business and personal insurance. He has been a pioneer in the development of specialized insurance programs to match the unique needs of the members of partner Associations and Professional Societies.
He is a frequent speaker and has served on several national industry safety councils. Gretchen McAlinden, President, former risk manager for $2.7billion Fortune 300 manufacturer and operator of her own consulting firm, develops and manages unique programs while serving her own individual clients.
He is a frequent speaker and has served on several national industry safety councils. Gretchen McAlinden, President, former risk manager for $2.7billion Fortune 300 manufacturer and operator of her own consulting firm, develops and manages unique programs while serving her own individual clients.
Services
Also known as Errors & Omissions (E&O) insurance, this is a form of insurance to protect insured and client alike from damages which occur due to actual or alleged errors or omissions. When looking at this coverage for your firm, there are many considerations but here are a few. Check what is not covered.
Two options include Miscellaneous Professional Liability (MPL) with coverage for design (excluded in general liability policies) and bodily injury/property damage (first exclusion in most MPL policies is BI/PD). Architects & Engineers Professional Liability (A&E), which extends the coverage to include professional services requiring the additional licensure/services.
Contractors, consultants, engineers, all can contribute to the design, choice of materials, inspections and FCIA has addressed professional liability needs for their membership. Two Options include Miscellaneous Professional Liability (MPL), which fills in the gap in most commercial general liability policies which exclude design work, but without the additional cost which comes with providing engineering services.
Whether you are a professional roofing contractor or a full-time consultant, have engineers on staff or use outside engineers, if you are involved in the design, choosing of materials, you need professional liability insurance. Two Options include Miscellaneous Professional Liability (MPL) with coverage for design (excluded in general liability policies) and bodily injury/property damage (first exclusion in most MPL policies is BI/PD).
Reviews (5)
Jason LaCroix
Dec 05, 2018
Blair Masters
Mar 24, 2018
They reached out to me in some marketing and all seemed fine. Then my policy was cancelled by a senior underwriter? What ever that means. Then they took forever to get a check and they charged me a late fee? I paid on time and never had insurance with them previously. Finally got my boat insurance through Geico for less money.
Parker Griffith
Mar 18, 2018
Shannon Patterson
Nov 02, 2016
Eric
Jun 09, 2016
