HIIG Professional Coverage Highlights

Houston International Insurance Group (HIIG) understands the distinct situations facing businesses with respect to insurance and claims. Thus, HIIG Professional offers a wide variety of insurance products to address these needs. Each product is tailored to a specific industry uniquely addressing each segment’s exposures.

Coverage Highlights for Architects and Engineers

Insurance policies are written on a claims-made-and-reported basis with limits up to $5M per claim/$5M aggregate.

  • Great Midwest Insurance Company is rated A- IX (Excellent) by A.M. Best Company
  • Competitive Supplementary Payments:
    • Defendant’s Expense Reimbursement – $1,200 per day up to $6K per claim.
    • Defense Expense for Professional License, disciplinary proceedings – $25K
    • Regulatory Expense Reimbursement (ADA/FHA/OSHA) – up to $25K

Submission Requirements: New business application, 3 years of currently valued company loss runs, a copy of your current policy declaration page (if available) and the resumes of principals, if your firm has been in business for less than 3 years.

Learn more about our Architects and Engineers insurance solutions.

Coverage Highlights for Community Banks

Our targeted accounts are financial institutions that are insured or regulated by the FDIC with total assets of $1.5B or less.  HIIG Professional has the ability to provide insurance solutions on an admitted or surplus lines basis and offers competitive commissions.

  • Surplus and admitted A- IX (Excellent) rated insurance companies
  • Limits available up to $5M per claim/$5M aggregate

Submission Requirements: Currently completed/signed/dated applications and supplemental applications (option to request HIIG applications, if written); 3 years of litigation history, CPA reports and managerial responses, if requested.

Learn more about our Community Bank insurance solutions.

Coverage Highlights for Insurance Agents & Brokers

HIIG Professional focuses its Errors and Omissions on primary insurance for independent Insurance Agents and Brokers with up to $15M in revenues.

  • Limits: $500K per claim/$500K aggregate and $5M per claim/$5M aggregate
  • Insolvency for carriers based on A.M. Best rating of B+ or better or Demotech rated A or better at the time of placement

Submission Requirements: 5 years of detailed company loss runs, a copy of your current policy declaration page, a mandatory new business application and the resumes of principals, if your organization has been in business for less than 3 years.

Learn more about our Insurance Agents & Brokers insurance solutions.

Coverage Highlights for Management Liability

HIIG Professional’s underwriters offers a modular Management and Professional Liability product for Private and Non-Profit Companies to meet your liability exposures on a stand-alone or combined coverage basis.

Our risk appetite covers Private Companies with assets and revenues less than $2B and 3,000 or less employees. We also cover 501(c)3 Non-Profit entities with total assets less than $250M and 500 or less employees. On an excess basis, we will consider any risk size.

  • Surplus and admitted A- IX (Excellent) rated insurance companies
  • Limits available of $5M per claim/$5M aggregate

Submission Requirements: Completed application with all supplemental information.

Learn more about our Management Liability insurance solutions.

Coverage Highlights for Miscellaneous Errors & Omissions (E&O)

All policies are written on a claims-made-and-reported basis with $5M per claim/$5M aggregate in limits available for all lines, along with various deductible options. Policy enhancements are available by line. Coverage is available in all states except Alaska and Hawaii.

  • Coverage provided through Houston Specialty Insurance Company (Non-Admitted), a HIIG Insurance company subsidiary that is rated A- IX (Excellent) by A.M. Best Company.

Submission Requirements: 5 years of detailed company loss runs, a description of professional services performed, the resumes of key professionals, contracts for services rendered and recent financial statements. Email your E&O submissions.

Learn more about our Miscellaneous Errors & Omissions (E&O) insurance solutions.

Coverage Highlights for Title Agents

HIIG Professional offers Title Agents Professional Liability coverage that addresses most clients’ needs. Our risk appetite includes:

  • $250K per claim/$250K aggregate
  • $500K per claim/$500K aggregate
  • $500K per claim/$1M aggregate
  • $1M per claim/$1M aggregate
  • $1M per claim/$2M aggregate
  • $2M per claim/$2M aggregate

Retentions from $2,500 to $100,000

Our coverage highlights include:

  • Coverage provided through Houston Specialty Insurance Company (Non-Admitted), which is rated A- IX (Excellent) by A.M. Best Company
  • $150,000 CFPB Matter Sublimit
  • $100,000 Theft of Funds Sublimit
  • First Dollar Defense and Three Times Aggregate Retention coverage options

Submissions Requirements: 5 years detailed company loss runs, copy of current policy declaration page, mandatory new business application and resume of principals (if less than 3 years in business).

Learn more about our Title Agents insurance solutions.