Business Brokers Can Now Access Broad Professional Liability Coverage Through Aon Affinity, IBBA Partnership
Business brokers now have easy access to broad professional liability insurance coverage to protect them against errors and omissions, through Aon Professional Liability Plus, offered by Aon Affinity, the affinity business of
"In today's litigious society, business brokers are vulnerable to being sued," said
The program, underwritten by an A-rated carrier, offers a number of features, customized to meet the needs of business brokers:
- 15% premium discount for Certified Business Intermediaries (CBIs) in good standing
- Annual premiums as low as
$1,000 - Covers you and your staff
- Educational webinars on risk mitigation best practices
- Carrier rated 'A' (Excellent) by
A.M. Best Co. - Fast turnaround for a free quote
- Available in all 50 states
Coverage highlights include:
- Limits from
$100,000 up to$5,000,000 for qualified firms - Coverage endorsements tailored to business brokers
- Sub-limited coverages:
– Disciplinary Proceedings Coverage
– Regulatory Inquiry Coverage
– Subpoena Assistance Coverage
- Extended Reporting Period options up to 5 years
- Experienced, specialized claims handling
"The IBBA exists to promote professional standards and help business brokers be successful," said
Since 1947, Aon Affinity has protected the business and personal interests of professionals across a wide variety of industries, with more than 1.5 million policies in force.
For more information on the Aon Professional Liability Plus program, please contact
Aon Affinity is the brand name for the brokerage and program administration operations of
All descriptions, summaries or highlights of coverage are for general informational purposes only and do not amend, alter or modify the actual terms or conditions of any insurance policy. Coverage is governed only by the terms and conditions of the relevant policy.
About Aon Affinity
Aon Affinity is a trade name for
About Aon
For further information on our capabilities and to learn how we empower results for clients, please visit: http://aon.mediaroom.com.
About IBBA
The IBBA provides business brokers with education, conferences, professional designations and networking opportunities. As an exclusive education opportunity, it offers coursework and seminars required to obtain its prestigious Certified Business Intermediary (CBI) certification.
The IBBA also strives to create professional relationships with successful business transaction advisors to increase the value of the IBBA to its members and to be a leader in the exchange of business referrals. Membership in the IBBA includes these excellent networking opportunities, as well as a complete package of other benefits and services. Formed in 1983, the IBBA has members around the world. For more information about the IBBA, visit the website at http://www.ibba.org.
Read the full story at http://www.prweb.com/releases/2017/11/prweb14912124.htm
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