TruStar’s expertise helps brokers address clients’ professional risks

Many brokers and their professional clients know that the right professional liability insurance does not come in a one-size-fits-all policy. Amid pandemic and economic concerns, rising litigation and claims issues, today’s professionals need solutions customized to address their specific liability risks. Which is why TruStar has brought a clear-eyed focus to the liability risks professionals are facing.

TruStar’s three-person Professional Liability team—led by Christine Cooke— began by examining TruStar’s current Miscellaneous Professional Liability (MPL) offering. They looked closely at the professional liability market, current and emerging liability exposures, and policy wordings responsive to those risks. With more than 16 years of professional lines knowledge and technical expertise, Christine has an exceptional understanding of the liability landscape and how to help today’s professionals. TruStar’s redesigned MPL insurance can help brokers get the right professional liability coverage for their clients.

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Q: Which professionals does TruStar have in mind for its MPL coverage?

A: We designed our MPL product to be flexible, so we’re able to address a variety of risks many different professional service providers face. Our MPL product helps protect everyone from bookkeepers, and career counsellors to portfolio managers, interior designers, and many other service providers.

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Q: What’s the key approach TruStar is taking with its MPL coverage?

A: We know brokers have a lot of options when they look for professional liability insurance. The key to our approach is our technical underwriting expertise in designing robust policy wordings, while working closely with our broker partners. Together we analyze the specific risks each professional is facing. Our team then designs a customized insurance solution for that professional and their business under our MPL product.

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Q: MPL product sounds broad. What coverages does that include?

A: TruStar is a one-stop solution for brokers. In addition to the primary MPL coverage, we can include General Liability (GL), Property, Cyber, and other coverages the client may need. As each professional has unique needs, we address each professional’s specific risks.

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Q: Are there other things that are important to know about TruStar’s MPL team?

A: Brokers and their clients will appreciate TruStar’s high limits of $5 million for the MPL and GL product, competitive minimum premiums, and large appetite. It’s also important to know that TruStar’s professional liability business is growing. We want brokers to know that we have room for their business.

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Q: Is there anything else that would make a broker look to TruStar?

A: Our Professional Liability team works hard to deliver the best possible underwriting service to brokers and their clients. We have tremendous technical expertise, and pride ourselves on demonstrating consistent and disciplined underwriting. We also work to ensure each policy is priced with integrity, negotiated with honesty, and prepared by some of the industry’s leading specialty underwriters. Our redesigned MPL product is an excellent reflection of those values. And it is ready to meet the insurance needs of today’s professional service providers.