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QBE North America said Tuesday it has a program underwriting agreement with specialist professional liability managing general underwriter RPS/Plus Cos. to provide professional liability insurance to insurance agents and brokers.
The coverage provided through QBE North America is on both an admitted and non-admitted basis. The coverages include disciplinary actions, loss of earnings, and pre-claims assistance, QBE North America said in a statement.
“We are pleased to join forces with RPS/Plus Companies and its experienced professional liability insurance programs practice, as this provides us with new opportunities to expand our business and bring QBE Specialty Lines’ innovative solutions to the insurance market,” Donald Allard, senior vice president, specialty programs, QBE North America, a unit of QBE Insurance Group Ltd., said in the statement.
Marsh & McLennan Agency L.L.C., a division of Marsh L.L.C., has acquired Palm Beach, Florida-based property/casualty insurance broker Celedinas Insurance Group, Marsh said Wednesday.