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

By: Rockwood Programs, Inc.
 
CLAYMONT, Del. - Dec. 15, 2021 - PRLog -- 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.

To learn more visit www.foxprodefender.com.

Contact
Glenn Clark
***@rockwoodinsurance.com
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Email:***@rockwoodinsurance.com
Tags:Insurance
Industry:Insurance
Location:Claymont - Delaware - United States
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Page Updated Last on: Dec 15, 2021
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