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Brokerage Casualty Business

Fri March 9, 2012 by Mandie

November 2010

CGL | Products | Liquor Liability | OCP
Railroad Protective | Umbrella/Excess

Contractors – Commercial and Residential, Roofing Contractors, Manufacturing including Products Liability Habitational including Student and Senior Housing, Retail/Wholesale Business including Imported Products, Alarm and Sprinkler Contractors, Environmental, Hospitality – All Classes

REU and Vela Insurance Services are excited to announce several major enhancements to our Miscellaneous & Technology Professional underwriting facility!

Remember, REU has the “pen” for this facility.

Increased Capacity:
$5,000,000 Capacity is now available for ALL classes of Professional Liability business (except Real Estate related classes). This capacity is available on a primary basis.

New Coverage:
Computer Network Security and Privacy Endorsement is now available to be added to our Technology Liability product, effective immediately. This new coverage is available for many classes, including but not limited to:

  • Software Engineers
  • Web Developers
  • Network Managers
  • Technology Consultants

Increased Commission – Now Through 03/31/2011

  • 15% – New Business – ALL CLASSES – except as listed below
  • 13% – Renewal Business – ALL CLASSES – except as listed below
  • 10% – Real Estate Agents and Brokers, Title Agents and Abstractors and Real Estate Appraisers – new and renewal business.