ProWriters is a full-service wholesale insurance broker offering fully digital solutions for all professional and management lines of coverage.
We give our retail agents access to many top management and professional liability carriers. In this way, we deliver highly competitive insurance products that meet clients’ needs and brokers’ time frames.
We also give brokers standard-setting technological tools and responsive, dedicated service and support.
Our registered retail brokers successfully work with risks, including difficult-to-place risks, in small, medium, and large markets. No matter an account’s size or complexity, ProWriters has a solution.
Understanding the Role the Wholesale Broker Plays
A wholesale insurance broker seldom works directly with parties seeking coverage. Instead, the wholesale broker facilitates the retail broker’s relationship with the party seeking insurance.
Wholesale brokers serve the retail agent with specialized expertise in specific lines of coverage, and with greater access to insurance companies providing that coverage. Wholesale brokers can prove especially helpful when retail brokers work with difficult-to-place risks.
Typically, a wholesale insurance broker is either a managing general agent (MGA) or a surplus lines broker.
- MGA insurance
Insurance companies vest managing general agents with underwriting authority. MGAs can carry out other functions carriers perform, such as binding and pricing policies, and settling claims.
- Surplus lines insurance
A surplus line broker has authority to place insurance with insurance companies who’ve chosen to operate as non-admitted (unlicensed) carriers in the state where the party seeking coverage is located.
Partner With ProWriters as Your Wholesale Insurance Brokerage
As a technology-enabled wholesaler, ProWriters blends the surplus line broker’s strong relationships to top carriers with managed general agent insurance capabilities.
Our close and long-term relationships with admitted as well as surplus line carriers account for our preeminent status. Through them, we help brokers obtain strong, competitive insurance products for their business clients in key professional liability lines of coverage:
- Errors & Omissions (E&O)
- Directors & Officers (D&O)
- Employment Practices Liability (EPL)
- Cyber Liability
We also use powerful and innovative technology. Since 2018, our Cyber IQ Comparative Rate Platform has helped us lead the industry. It allows our registered brokers to generate cyber liability quotes from multiple insurance companies, ready for side-by-side review with their clients, in minutes.
This technology equips brokers to produce more business in less time and with less effort. It also makes the carriers we work with more efficient and has improved our internal performance. As a result, we can spend more time giving brokers the in-depth guidance and education they need to grow better at their jobs.
We look forward to bringing all our Cyber IQ Platform has to offer to additional E&O, D&O, and EPL insurance products.
To further explore working with ProWriters as your wholesale insurance broker, schedule an appointment online to talk with us.