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Markel Shand Files 

Announcing Our New & Improved E&O Policy Form

We've been working to get it just right, and we are now very pleased to announce our new and improved Miscellaneous E&O policy form, #EO20000 is now available. This new form replaces the previous document, #EIC801.

Not to be confused with our new MG20000 form, which we updated in March, EO20000 is a true claims made form, intended to be customized to fit the specific needs of more complex accounts. Some highlights include the following:

  • An updated definition of "The Insured."
  • Automatic inclusion of Personal Injury arising out of Professional Services. 
  • Supplementary Payments section providing $25,000 of Disiplinary Proceedings expense reimbursement AND Loss of Earning & Expense Reimbersement payments ($400 per day/$10,000 max).
  • One, two and three year bi-lateral tail options for 100%, 150% and 200% of annual premium.
  • "Final Adjudication" and "Innocent Insured" wording built into the fraud exclusion.
  • Deductible credit for early claim resolution.

Click the form number below to access our new EO20000 policy, or go to our website, www.markelshand.com and click on "Forms."

EO20000 policy wording

For more information about our new E&O policy form, contact your Source One underwriter.

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