GMA has a market for IBA insurance designed to provide a broad range of coverages for insurance brokers and agents.

Instead of buying many different policies to cover the IBA exposures, this program is fully tailored to provide complete coverage in a cost effective package. This program takes into account the unique exposures of these professions. It even provides coverage that may be tailored to meet the specific requirements of the various associations for insurance agents and brokers world-wide!

Application: pdf IBA Application US v1.0 (701 KB)

Package Provides:

  • Professional Liability
  • Breach of Contract
  • Intellectual Property Rights Infringement
  • Pollution Liability
  • Loss of Documents
  • Virus and Hacking Attack Liability
  • Loss Mitigation
  • Payment of Withheld Fees
  • Commercial General Liability
  • Products Liability
  • Tenant's Legal Liability
  • Non-Owned & Hired Auto Liability
  • Damage to Hired Autos
  • Medical Expenses
  • Employee Benefits Liability
  • Property
  • Business Interruption

Limits, Deductibles & Premiums:

  • $    7,500,000 Maximum Professional Liability Limit
  • $  20,000,000 Maximum General Liability Limit
  • $  10,000,000 Maximum Property Limit
  • $    5,000,000 Maximum Revenue
  • $              NIL Minimum Deductible
  • $             200 Minimum Premium

Target Insureds:

This program targets Insurance Brokers & Agents operating as the following:

  • Insurance Agent
  • Insurance Broker
  • Captives
  • Commercial Lines Brokers
  • Personal Lines Brokers
  • Risk Retention Groups
  • Underwriting Agencies

Contact GMA, today, for more information about this excellent package program.