An Abundance of Opportunities

If your client provides select professional services in a vast industry of classes, Vela offers coverage options to meet their needs.

Miscellaneous & Technology Professional Liability

Professional Liability insurance, often referred to as Errors & Omissions coverage, protects your insured against claims of negligence from their customers. Vela’s Professional Liability focuses on Miscellaneous or Technology risk exposures for a plethora of classes, offering primary and excess limits to suit the customer’s needs. General Liability is an additional coverage that can be added on a primary basis to enhance the insured’s policy. Our knowledgeable staff is responsive to the demanding needs for creative solutions in the Professional Liability industry. Our partners look to Vela for creative underwriting that requires out-of-the-box thinking.

Cyber Suite

Vela’s Cyber Suite coverage is designed to attach, as a separate coverage, to our primary miscellaneous and technology professional liability policies. The coverage offers standalone and unencumbered limits of up to $1,000,000 that can be added with little to no extra effort.

Cyber Suite coverage is a comprehensive cyber insurance solution designed to help businesses respond to a range of cyber incidents. These include: breaches of personally identifying or personally sensitive information, threats of unauthorized intrusion into or interference with computers systems, damage to data and systems from computer attacks and cyber-related litigation. Our partners look to Vela for creative underwriting that requires out-of-the-box thinking for or all of your coverage needs, ranging from small transactional business to larger “tough” to place business risks.

For additional information, please contact your underwriter.

Vela smallBiz

Do you have small account MPL business? Let Vela’s smallBiz portal help you quickly quote and bind your accounts in minutes! Vela offers coverage on 300+ professional services. Check out our demo video here and contact your Underwriter or Risk Specialist for more information or email Marketing to find out how we can help you.

Eligibility:

$3,000,000 maximum revenue
No claims in past 5 years
$2,000,000 maximum coverage limits
Applicants who have not been cancelled or non-renewed

Vela’s Professional Liability Insurance Solutions

Coverage Capabilities

Territory - All U.S. states
Coverage Limits - Vela can provide maximum limits of:
- $5,000,000 Each Claim
- $5,000,000 General Aggregate
Excess Limits available - Up to $5,000,000

Vela’s Professional Liability Insurance Solutions

Industry Opportunities

Management/Consultants

Financial, Operational, Strategic, Marketing, Compliance/Regulatory,

Human Resources, Business Managers, Lead Generation

Financial Services

M&A Services, Business Broker/Valuations, Tax Prep/Bookkeeping, Billing Services,

Loan/Mortgage Brokers, Trustees, Claims Adjusters, TPAs, Actuaries

Property Services

Property Managers, Construction Managers, Inspection Services,

Property Preservationists, Interior Designers

Employment Services

PEOs, Staffing Services, Recruiting, Career Coach/Counselors,

Background Check Services, Training Services

Miscellaneous

Freight Forwarders/Custom House Brokers, Franchisors, Collection Agents, Printers,

Seedsmen, Trade Associations, Safety Consultants, Auctioneers, Event Planners

Our appetite is truly miscellaneous, and we can tailor policies to specific classes/services that may be “outside the box”.

Please contact your professional liability underwriter for questions on specific services appetite.

Prohibited classes:

A&E, Lawyers/Attorneys, Insurance Agents/Brokers,

Investment Advisors, Medical Professionals, Real Estate Agents/Brokers

Applications

Product Information

Professional Liability Recent Wins

•    Private Investigator, $1,725.00 – MD
•    General Business Services, $9,405.00 – MI
•    Management Consultant, $15,892.00 – NC
•    Trustee, $4,124.00 – MN
•    Fundraising Consultant, $1,155.00 – TN
•    Management Consultant, $10,645.00 – VA
•    Property Manager, $10,687.00 – CA
•    Lobbying Service, $1,553.00 – OR
•    Financial Consultant, $65,345.00 – AZ
•    Property Manager, $3,500.00 – CO
•    Franchiser, $6,975.00 – VA
•    Mortgage Brokers, $4,500.00 – OR
•    Marketing Consultant, $4,884.00 – FL
•    Promotional Services, $1,000.00 – TX
•    Management Consultant, $10,799.00 – NV
•    General Business Services, $3,230.00 – OH
•    Tax Preparer/Bookkeeper, $1,266.00 – MD
•    Management Consultant, $803.00 – LA
•    Background Check Service, $6,732.00 – AL
•    Management Consultant, $803.00 – UT
•    Expert Witness, $1,000.00 – WI
•    Financial Consultant, $10,984.00 – CT
•    Management Consultant, $1,000.00 – IN
•    Marketing Consultant, $10,312.00 – MA
•    Business Manager, $3,953.00 – OK