QBE North America partners with Stateside Underwriting Agency

QBE North America, in partnership with Stateside Underwriting Agency, an MGA owned by brokerage Johnson & Johnson, announced a new Errors & Omissions program that provides tailored coverage to property managers, including those involved in construction and property development.

The new E&O program, offered on an admitted basis, includes primary policy limits of $5M per claim and $5M in aggregate. Target classes for this program include property management professionals and those offering ancillary services such as Residential Real Estate Agent or Broker services, Property Development Management, Construction Management and Leasing services.

“We are thrilled to launch a new E&O program that addresses the dynamic needs of property managers and enhances their capability to mitigate risks effectively. We look forward to collaborating with our long-term partner Stateside as we provide specialized expertise and exceptional value to our customers, delivering the high standard of service they expect.” – Danielle Librizzi, head of professional liability, QBE North America.

“There is no such thing as an ‘easy button’ for managers of residential and commercial properties and their responsibilities come with significant challenges and risks. Together with QBE, we have leveraged our collective experience and strengths in niche products and markets to create an insurance program that offers tailored coverage for property managers as they navigate evolving hazards and exposures.” – Chad Gaizutis, vice president, Stateside Underwriting Agency.