Commercial Umbrella

Big I Maryland offers a market for insurance agency umbrella protection through Penn National Insurance (rated A- by Best) to provide excess coverage over top of your E&O coverage. In today's legal environment, increased limits are needed to protect your business.

Penn National Commercial Umbrella

The Penn National Umbrella programs is written by agents for agents and offers our members a comprehensive commercial umbrella that includes coverage over E&O policies from a variety of carriers. 

This program provides the following features and benefits: 

  • Commercial Umbrella coverage built to automatically include Agents/Brokers E&O
  • Marketed exclusively through producer associations
  • Designed to accept agents and brokers with a broad range of producer activities
  • Competitive pricing 
  • Up to $20M limits available 
  • Coverage for Agents/Brokers built to follow form over standard primary E&O policy coverages
  • Minimum primary coverage required GL/BOP and Agents/Brokers E&O
  • Coverage can include excess Employers Liability (except NY), excess Employee Benefits Liability & Mutual Fund or Variable Annuities coverage
  • Options to include up to $5M Personal Umbrella limits for entity principals (except TX and WI) and up to $2M excess EPLI limits

Penn National Underwriting Requirements: 

  • Agency should be in business for more than three years. If less than three years, a resume of each partner, owner, and officer should be provided, and agency is not eligible for staff rating
  • The program does not drop down and provide coverage excess of sub-limits, unless specifically scheduled
  • Umbrella coverage does not extend to Fiduciary Liability, Directors and Officers Financial Investment Securities or Cyber Liability
  • Higher limits are required if defense is within the limits

Get started with Penn National today! Complete the application below and email it to Marie Toney at once completed along with underlying declaration pages.

Penn National Application

Our Mission

To ensure the success of independent insurance producers and agency staff throughout Maryland by providing access to a suite of top tier products and services.

     2408 Peppermill Dr., Ste A Glen Burnie, MD 21061

     (410)-766-0600


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