A specialty errors and omissions captive founded by Assurex Global and The Council of Insurance Agents & Brokers celebrates its 20th anniversary this month.
Professional Agencies Reinsurance, Ltd. (PAR), the captive program founded by the two groups, provides E&O cover and risk-management counsel to large agencies and brokers.
Columbus, Ohio-based Assurex Global, an insurance brokerage partnership firm, and Washington, D.C.-based CIAB, a major broker association, found the captive in the mid-1980s during a period of liability availability and affordability. The program today offers its services to 9,500 insurance professionals in more than 65 of the largest agency and brokerage firms in the United States.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
