MarketScout announces the development of a new Errors & Omissions facility designed specifically for Certified Insurance Counselors, offered through its relationships with Ironshore Inc. and in cooperation with The National Alliance for Insurance Education and Research.
Ironshore will offer insurance agents E&O coverages for CIC agencies in California, Nevada, and Texas, through Dallas-based insurance exchange MarketScout–who will also serve as the manager point of access for the facility.
“Ironshore and MarketScout have been developing these coverages for over a year,” notes MarketScout CEO Richard Kerr, in a statement. “The thoughtful approach we have deployed will bode well for the longevity and competitiveness of the product. Agents who are committed to professionalism and ongoing education via CIC, CISR and CRM programs will now receive the favorable coverage terms and pricing they deserve.”
William T. Hold, president and co-founder of The National Alliance for Insurance Education and Research says, “CIC Select and this E&O facility represent the measurable benefits of continuing professional insurance and risk management education.”
“MarketScout's expertise combined with the Ironshore facility, provide assurance that CIC agencies can benefit directly from Ironshore's comprehensive E&O coverages,” adds Tom Monaghan, executive vice president responsible for Ironshore's E&O underwriting initiatives.
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