QBE North America and Stateside Underwriting Agency Partner on new Errors & Omissions Program for Property Managers
NEW YORK, March 3, 2025 /PRNewswire/ -- QBE North America, in partnership with Stateside Underwriting Agency, announced today a new Errors & Omissions (E&O) program that provides tailored coverage to property managers, including those involved in construction and property development.
"We are thrilled to launch a new E&O program that addresses the dynamic needs of property managers and enhances their capability to mitigate risks effectively," said Danielle Librizzi, head of professional liability, QBE North America. "We look forward to collaborating with our long-term partner Stateside as we provide specialized expertise and exceptional value to our customers, delivering the high standard of service they expect."
The new E&O program, offered on an admitted basis, includes primary policy limits of $5M per claim and $5M in aggregate. Target classes for this program include property management professionals and those offering ancillary services such as Residential Real Estate Agent or Broker services, Property Development Management, Construction Management and Leasing services.
"There is no such thing as an 'easy button' for managers of residential and commercial properties and their responsibilities come with significant challenges and risks," said Chad Gaizutis, vice president, Stateside Underwriting Agency. "Together with QBE, we have leveraged our collective experience and strengths in niche products and markets to create an insurance program that offers tailored coverage for property managers as they navigate evolving hazards and exposures."
About Stateside Underwriting Agency
Stateside Underwriting Agency (SUA), a Division of Johnson & Johnson, Inc., is a managing general agent, writing professional liability coverage for almost 30 years. SUA has built a reputation for developing and maintaining programs for a variety of niche markets offering professional liability insurance solutions.
About QBE North America
QBE North America is a global insurance leader helping customers solve unique risks, so they can stay focused on their future. Part of QBE Insurance Group Limited, QBE North America reported Gross Written Premiums in 2024 of $7.3 billion. QBE Insurance Group's results can be found at qbe.com. Headquartered in Sydney, Australia, QBE operates out of 26 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business primarily through its insurance company subsidiaries. Insurance coverage may not be available in all jurisdictions and is subject to the actual terms and conditions of the policies as issued. Additional information can be found at qbe.com/us or follow QBE North America on LinkedIn, Facebook and Instagram.
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SOURCE QBE North America