Fox Point Programs Expands Liability Insurance Coverage for More than 2,000 Professions

2021-12-14 17:45:00 - Claymont, Delaware, United States - (PR Distribution™)

Fox Point Programs is expanding its professional liability insurance offerings for small businesses in more than 2,000 professional categories. The Errors & Omissions program builds on a 25-year relationship with the national law firm Wilson Elser to provide advocacy defense, risk mitigation tools, webinars and a hotline to help customers pre-emptively avoid risk exposure. 


“Our agency was founded 25 years ago with a specific focus on management and professional liability products. We were pioneers in developing forms, rates and sales aids for stand-alone employment practices liability insurance (EPLI). In keeping with our history of innovation, Fox Point is proud to announce the FoxPro Defender series of Errors & Omissions (E&O) coverage for over 2,000 professional classes. This facility is being launched in collaboration with long-term partners Wilson Elser and Fortegra,” said Glenn Clark, president and CEO of Rockwood Programs, the parent company of Fox Point Programs.


Fox Point Programs, a full-service agency within Rockwood Programs, will sell E&O insurance policies to new customers and existing policy holders through its network of independent agents. Insurance coverages will be underwritten by Fortegra, rated A- (Excellent) by A.M. Best. 


“Our reach, our footprint, is a lot bigger than it was before,” said Frank Huver, senior vice president, Rockwood Programs and Fox Point Programs. “What makes our approach unique is our collaboration with the insured when it comes to risk mitigation by providing them with the tools to better bulletproof themselves against loss.” 


“We have over 50 years of E&O liability experience representing hundreds of insureds and insurers across various different professions and situations,” said Martin Ween, senior counsel, Wilson Elser. “Having insurance at a reasonable cost puts your mind at rest by protecting your business from being financially or reputationally impaired by a claim.” 


Hotline Staffed by Legal Experts

One of the unique tools provided by Rockwood Programs as part of the E&O program is a free proprietary hotline staffed by legal experts at Wilson Elser who are available to assist policy holders with issues before they become claims.   


“For example, if an insured has a question about a contract, such as an issue with an indemnity clause or regarding scope of work, they can call the hotline for a consultation on the best approach to avoid getting entangled in claims,” said Ween. “We can often resolve matters early without the need for litigation, and with no impact on their reputation.” 


“In today’s litigious society, professionals need liability insurance to protect themselves. Combining risk management with advocacy defense shows we’re not just about selling E&O insurance in case something bad happens. We’re trying to prevent it from happening in the first place,” said Clark.   


About Wilson Elser

Wilson Elser helps individuals and organizations transcend challenges and realize goals by offering an optimal balance of legal excellence and bottom-line value. More than 800 attorneys strong, Wilson Elser serves clients of all sizes, across multiple industries and around the world. Wilson Elser has a national network of strategically located offices in the United States and an office in London. For more information, go to www.wilsonelser.com


About Fox Point Programs

Fox Point is an insurance agency specializing in professional and management liability product lines. The agency has appointments with multiple carriers rated “A” by A.M. Best, allowing it the ability to tailor policy terms and conditions to its clients’ risks. Fox Point Programs is fully licensed to transact business in all 50 states and possesses the authorities to write accounts on either an admitted or surplus lines basis. To learn more visit www.foxprodefender.com.


About Rockwood Programs, Inc.

Rockwood Programs is a full-service Managing General Agency licensed in 50 states and has the capacity and legal status to handle P&C, Life and A&H products. Its wholesale brokerage division, Rockwood Specialty, assists retail agents finding markets for unique or hard-to-place management liability risks. For more information, visit www.rockwoodinsurance.com

Media Contacts:


Full Name
Glenn W. Clark
Company
Rockwood Programs, Inc.
Phone Number
302-765-6001
Email
View Results in Google