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ITA Insurance Services and Ascot Insurance Company have launched an admitted errors and omissions (E&O) insurance program designed specifically for real estate professionals across the US.
The program is tailored to meet the professional liability needs of independent agents, brokers, and small real estate firms with annual revenues up to $4 million or $6 million in California. It targets those engaged in residential and commercial property transactions, with a focus on residential revenue-focused businesses.
What sets this E&O program apart is its broad range of insurance options and a unique personal protection endorsement exclusively for insured real estate agents. More information can be found on CITA's website, where interested parties can also explore opportunities to join their distribution network.
CITA operates as part of Arrowhead Programs, a division of Brown & Brown Program Insurance Services with over three decades of experience in the commercial property and casualty sector. Ascot, its partner, is a global insurance and reinsurance group with a diverse product range and strong reputation.
Recent developments in the US E&O space include technology E&O coverage on Tokio Marine HCC – Cyber & Professional Lines Group's broker portal, aiming to streamline the quoting and binding process for tech E&O policies.
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CITA and Ascot Introduce Nationwide Errors & Omissions Program for Real Estate Professionals
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