Customized Capacity Solutions
Great American Custom's Miscellaneous Errors and Omissions Unit is a nationwide underwriting operation based in Kennesaw, GA. We are a wholesale only distribution network. Risks are underwritten by Great American Insurance Group's non-admitted insurers, rated
"A+" (Excellent) by A.M. Best (affirmation date as of May 12, 2016).
What We Offer
Multi-Disciplinary Insurance Agents/Brokers
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Retailers: Wholesalers, Surplus Lines Brokers, Captive/Exclusive Agent Programs, Underwriting Managers, MGAs/MGUs, Risk Managers, Safety Consultants, Loss Control Consultants.
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Coverage for Sale of Mutual Funds/Variable Annuities/Fixed Annuities available
Coverage for Third-Party Administrators and COBRA Administration Services available Minimum premium of $25,000 for $1M/$1M limit - minimum $5M in revenues / $7.5M in NJ/CA
Real Estate Related Services
(note: we specialize in firms with owned property)
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Commercial Agents, Commercial Brokers, Property Managers, Construction Managers, Third-Party Developer Consultants, Large Commercial Mortgage Broker/Bankers, REITs (for real estate services only, no investment services)
Minimum premium of $7,500 for $1M/$1M limit
Miscellaneous
The following are a list of other true miscellaneous accounts we have written. Because of superior loss histories and through superior policies and procedures or solid contracts, they are high-quality “risk management focused” firms:
| | Financial-Related Services: Chattel loan originator/servicer, non-standard auto loan broker, financial services company that specializes in the holding of federal family education loan programs (FFELP), certified development company, non-profit organization that finances affordable housing and neighborhood revitalization projects in their area, asset disposition and related real estate services coordinator for REO properties, middle-market business loan originator/servicer, life settlement broker
True Miscellaneous: Institutional review board, wood grade stamping and quality control consultant, third-party administrators (including COBRA administration), claims administrators, claims adjusters, managed care organizations (No HMOs), third-party medical billers, third-party managers of medical offices
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Excess Coverage: We can consider excess positions on any business class we would consider on a primary basis.
Coverage Enhancements
The strength of this department is the ability to customize coverage to fit the exposure.
Additional Services
- In-house claims services
- We devote the necessary time to understand unusual exposures and give "personal" attention
Specific Capabilities
- In-house capacity of $15 million
Claims Services
Diverse - Within the
Miscellaneous E&O unit, our claims staff handles a range of diverse professional liability claims that impact our clients. Our expertise covers complex claims and the experience of our claims staff is a reflection of the varied nature of our Insured’s professional services. As a result, our E&O claims staff has the ability to both identify unique issues as well as trends affecting our clients on a broader scale allowing both carrier and customer to adapt to industry changes further protecting the integrity of the professional services they provide.
Loss Reporting Email
claims@gamcustom.com
Contact (800) 687-4453 or eFax (855) 763-4172
