E&O Insurance for MGAs and MGUs

We offer errors and omissions insurance to Managing General Agents (MGA), Managing General Underwriters (MGU), Field Marketing Organizations (FMO), Independent Marketing Organization (IMO) and National Marketing Organizations (NMO). We also offer fidelity bonds.

An MGA is a property and casualty insurance brokerage that administers specific programs on behalf of insurance companies and sells to insurance agents and sometimes directly to the public. MGAs typically have binding authority, policy issuance authority, and manage a specialty program that the insurance company could no handle by itself because of staffing or expertise issues. The programs managed by an MGA can be written through an admitted or surplus lines insurance company.

An MGU is similar to an MGA but writes life and health coverages instead of property and casualty. An FMO, IMO, or NMO is a marketing organization that provides independent agents with access to multiple life and health insurance carriers.

We specialize in providing Managing General Agents (MGA), Managing General Underwriters (MGU), and Field Marketing Organizations (FMO), Independent Marketing Organization (IMO) and National Marketing Organizations (NMO) with coverage for errors and omissions insurance (E&O insurance) and fidelity bonds from highly rated insurance companies promptly and at a reasonable cost. We work with numerous carriers and can offer E&O insurance to any type of MGA, MGU, FMO, IMO and NMO.